SRS Capital Advisors Inc. increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 136.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,512 shares of the exchange traded fund’s stock after purchasing an additional 1,448 shares during the quarter. SRS Capital Advisors Inc.’s holdings in SPDR Gold Shares were worth $608,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at $28,000. Roxbury Financial LLC purchased a new stake in SPDR Gold Shares in the 4th quarter valued at $31,000. PayPay Securities Corp grew its holdings in SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 47 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at $35,000. Finally, Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares in the 3rd quarter valued at $38,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.
SPDR Gold Shares Stock Up 1.3 %
Shares of NYSEARCA:GLD opened at $266.74 on Tuesday. The business has a fifty day moving average of $256.08 and a two-hundred day moving average of $247.23. SPDR Gold Shares has a 52-week low of $193.88 and a 52-week high of $272.32. The stock has a market cap of $80.18 billion, a P/E ratio of -28.59 and a beta of 0.20.
SPDR Gold Shares 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).
Featured Stories
- Five stocks we like better than SPDR Gold Shares
- Why Invest in 5G? How to Invest in 5G Stocks
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- Short Selling – The Pros and Cons
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.
