CPR Investments Inc. Sells 11,620 Shares of SPDR Gold Shares (NYSEARCA:GLD)

CPR Investments Inc. reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 25.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,457 shares of the exchange traded fund’s stock after selling 11,620 shares during the period. SPDR Gold Shares comprises 7.3% of CPR Investments Inc.’s investment portfolio, making the stock its 2nd largest holding. CPR Investments Inc.’s holdings in SPDR Gold Shares were worth $8,101,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in GLD. Semmax Financial Advisors Inc. grew its holdings in SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares during the third quarter worth about $28,000. Capital Performance Advisors LLP acquired a new position in shares of SPDR Gold Shares in the third quarter worth approximately $35,000. Pittenger & Anderson Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC boosted its holdings in SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 71 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $247.03 on Wednesday. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71. The firm has a 50 day moving average price of $243.74 and a two-hundred day moving average price of $237.81.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).