Sprott Inc. Invests $3.24 Million in ASA Gold and Precious Metals Limited (NYSE:ASA)

Sprott Inc. acquired a new stake in shares of ASA Gold and Precious Metals Limited (NYSE:ASA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 160,183 shares of the investment management company's stock, valued at approximately $3,239,000. Sprott Inc. owned 0.74% of ASA Gold and Precious Metals as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Covestor Ltd increased its holdings 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 buying an additional 1,449 shares during the last quarter. Matrix Trust Co increased its holdings in ASA Gold and Precious Metals by 625.7% during the fourth quarter. Matrix Trust Co now owns 34,988 shares of the investment management company's stock valued at $707,000 after buying an additional 30,167 shares during the last quarter. Capstone Investment Advisors LLC purchased a new stake in ASA Gold and Precious Metals during the third quarter valued at approximately $753,000. Private Advisor Group LLC increased its holdings in ASA Gold and Precious Metals by 344.7% during the third quarter. Private Advisor Group LLC now owns 48,121 shares of the investment management company's stock valued at $1,000,000 after buying an additional 37,300 shares during the last quarter. Finally, Landscape Capital Management L.L.C. increased its holdings in ASA Gold and Precious Metals by 72.6% during the third quarter. Landscape Capital Management L.L.C. now owns 65,780 shares of the investment management company's stock valued at $1,367,000 after buying an additional 27,667 shares during the last quarter.

ASA Gold and Precious Metals Stock Down 0.3 %

ASA stock traded down $0.07 during midday trading on Friday, reaching $24.42. 29,809 shares of the company's stock traded hands, compared to its average volume of 69,805. ASA Gold and Precious Metals Limited has a 52-week low of $13.34 and a 52-week high of $26.80. The stock's 50-day moving average is $23.01 and its 200 day moving average is $21.35.

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.