ASA Gold and Precious Metals (NYSE:ASA) Hits New 1-Year High – What’s Next?

ASA Gold and Precious Metals Limited (NYSE:ASA)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $27.15 and last traded at $26.74, with a volume of 11928 shares changing hands. The stock had previously closed at $26.65.

ASA Gold and Precious Metals Stock Up 0.2 %

The company has a fifty day simple moving average of $23.95 and a 200-day simple moving average of $21.74.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC grew its stake in shares of ASA Gold and Precious Metals by 140.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company’s stock valued at $26,000 after buying an additional 764 shares in the last quarter. LaSalle St. Investment Advisors LLC grew its holdings in shares of ASA Gold and Precious Metals by 47.5% during the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company’s stock valued at $41,000 after buying an additional 649 shares in the last quarter. Covestor Ltd boosted its position in ASA Gold and Precious Metals by 54.3% during the third quarter. Covestor Ltd now owns 4,118 shares of the investment management company’s stock valued at $86,000 after purchasing an additional 1,449 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. bought a new position in shares of ASA Gold and Precious Metals in the fourth quarter worth about $255,000. Finally, Walleye Capital LLC bought a new stake in shares of ASA Gold and Precious Metals in the 4th quarter valued at approximately $346,000.

ASA Gold and Precious Metals Company 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.