Crew Capital Management Ltd. increased its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 19.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,215 shares of the exchange traded fund’s stock after purchasing an additional 200 shares during the quarter. Crew Capital Management Ltd.’s holdings in SPDR Gold Shares were worth $294,000 as of its most recent filing with the SEC.
Other institutional investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the 3rd quarter worth $28,000. Roxbury Financial LLC bought a new position in SPDR Gold Shares in the 4th quarter worth $31,000. PayPay Securities Corp raised 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 worth $32,000 after purchasing an additional 47 shares during the period. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares in the 3rd quarter worth $35,000. Finally, Pittenger & Anderson Inc. bought a new position in SPDR Gold Shares in the 3rd quarter worth $38,000. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Stock Performance
Shares of GLD stock opened at $269.06 on Wednesday. SPDR Gold Shares has a 52-week low of $196.65 and a 52-week high of $272.32. The firm has a market capitalization of $80.88 billion, a PE ratio of -28.59 and a beta of 0.20. The stock has a fifty day simple moving average of $256.64 and a two-hundred day simple moving average of $247.49.
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).
Recommended Stories
- Five stocks we like better than SPDR Gold Shares
- Investing in Construction Stocks
- GitLab: Get In While It’s Down—Big Rebound Ahead
- What is the MACD Indicator and How to Use it in Your Trading
- Tesla Stock: Finding a Bottom May Take Time
- 3 Tickers Leading a Meme Stock Revival
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
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.
