Focus Partners Advisor Solutions LLC Takes Position in VanEck Merk Gold ETF $OUNZ

Focus Partners Advisor Solutions LLC purchased a new position in shares of VanEck Merk Gold ETF (NYSEARCA:OUNZFree Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,344 shares of the company’s stock, valued at approximately $422,000.

Several other large investors also recently added to or reduced their stakes in the company. Archer Investment Corp purchased a new stake in VanEck Merk Gold ETF during the second quarter valued at about $28,000. Brighton Jones LLC bought a new position in VanEck Merk Gold ETF during the third quarter worth about $202,000. XTX Topco Ltd purchased a new position in shares of VanEck Merk Gold ETF in the second quarter worth about $202,000. Parsons Capital Management Inc. RI purchased a new position in shares of VanEck Merk Gold ETF in the third quarter worth about $205,000. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of VanEck Merk Gold ETF in the second quarter valued at approximately $208,000.

VanEck Merk Gold ETF News Roundup

Here are the key news stories impacting VanEck Merk Gold ETF this week:

VanEck Merk Gold ETF Trading Down 0.2%

Shares of OUNZ stock opened at $49.47 on Tuesday. The stock has a market capitalization of $3.08 billion, a P/E ratio of 6.97 and a beta of 0.08. The firm’s 50 day moving average is $46.95 and its 200 day moving average is $41.40. VanEck Merk Gold ETF has a 12 month low of $27.78 and a 12 month high of $53.35.

VanEck Merk Gold ETF Profile

(Free Report)

The VanEck Merk Gold Trust (OUNZ) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses, using gold bars and coins held in London vaults. Investors can redeem their shares for gold in increments of 1 troy oz. OUNZ was launched on May 16, 2014 and is managed by VanEck.

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Institutional Ownership by Quarter for VanEck Merk Gold ETF (NYSEARCA:OUNZ)

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