Cetera Investment Advisers Acquires 130,547 Shares of ASA Gold and Precious Metals Limited (NYSE:ASA)

Key Points

• Cetera Investment Advisers increased its ownership of ASA Gold and Precious Metals Limited by 223.9% during the first quarter, now holding 188,855 shares valued at approximately $5.7 million.
• Other institutional investors, including Wealthcare Advisory Partners and Private Advisor Group, also enhanced their positions in ASA, indicating growing interest in the company's stock.
• As of the latest trading session, ASA shares rose $0.49 to $31.44, with a 12-month trading range between a low of $17.42 and a high of $35.00.

Cetera Investment Advisers boosted its position in shares of ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) by 223.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 188,855 shares of the investment management company's stock after purchasing an additional 130,547 shares during the period. Cetera Investment Advisers owned 0.88% of ASA Gold and Precious Metals worth $5,692,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. NBC Securities Inc. lifted its holdings in ASA Gold and Precious Metals by 128,600.0% in the 1st quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company's stock worth $38,000 after purchasing an additional 1,286 shares during the last quarter. LaSalle St. Investment Advisors LLC boosted its holdings in shares of ASA Gold and Precious Metals by 47.5% during the 4th quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company's stock worth $41,000 after buying an additional 649 shares during the period. Covestor Ltd grew its stake in ASA Gold and Precious Metals by 17.2% in the 4th quarter. Covestor Ltd now owns 4,825 shares of the investment management company's stock valued at $98,000 after buying an additional 707 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in ASA Gold and Precious Metals in the 1st quarter worth $220,000. Finally, Walleye Capital LLC bought a new stake in ASA Gold and Precious Metals during the fourth quarter valued at about $346,000.

ASA Gold and Precious Metals Stock Performance

ASA traded up $0.90 during midday trading on Tuesday, reaching $33.16. The company's stock had a trading volume of 39,575 shares, compared to its average volume of 68,395. The company has a fifty day simple moving average of $32.60 and a 200 day simple moving average of $29.05. ASA Gold and Precious Metals Limited has a twelve month low of $17.44 and a twelve month high of $35.00.

ASA Gold and Precious Metals Profile

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.