Twelve Points Wealth Management LLC Trims Position in ASA Gold and Precious Metals Limited (NYSE:ASA)

Twelve Points Wealth Management LLC lowered its holdings in ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) by 5.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 502,146 shares of the investment management company's stock after selling 31,206 shares during the period. ASA Gold and Precious Metals makes up 4.1% of Twelve Points Wealth Management LLC's investment portfolio, making the stock its 3rd largest position. Twelve Points Wealth Management LLC owned about 2.33% of ASA Gold and Precious Metals worth $15,135,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Sessa Capital IM L.P. raised its position in ASA Gold and Precious Metals by 22.1% during the fourth quarter. Sessa Capital IM L.P. now owns 671,673 shares of the investment management company's stock valued at $13,581,000 after purchasing an additional 121,673 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of ASA Gold and Precious Metals during the 4th quarter valued at about $12,492,000. Capstone Investment Advisors LLC raised its holdings in shares of ASA Gold and Precious Metals by 634.3% during the 4th quarter. Capstone Investment Advisors LLC now owns 266,221 shares of the investment management company's stock valued at $5,383,000 after buying an additional 229,968 shares in the last quarter. Cetera Investment Advisers lifted its position in ASA Gold and Precious Metals by 2.6% in the 4th quarter. Cetera Investment Advisers now owns 58,308 shares of the investment management company's stock worth $1,179,000 after buying an additional 1,500 shares during the last quarter. Finally, Matrix Trust Co boosted its stake in ASA Gold and Precious Metals by 36.9% in the first quarter. Matrix Trust Co now owns 47,899 shares of the investment management company's stock worth $1,444,000 after buying an additional 12,911 shares in the last quarter.

ASA Gold and Precious Metals Stock Up 2.5%

NYSE ASA traded up $0.81 on Friday, reaching $32.80. 55,821 shares of the company's stock traded hands, compared to its average volume of 57,009. ASA Gold and Precious Metals Limited has a 12 month low of $17.42 and a 12 month high of $35.00. The stock has a 50-day simple moving average of $31.65 and a 200 day simple moving average of $27.59.

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.