Investors Purchase Large Volume of Put Options on SPDR Gold Shares (NYSEARCA:GLD)

Posted by Paula Ricardo on Apr 3rd, 2025

SPDR Gold Shares (NYSEARCA:GLD – Get Free Report) saw unusually large options trading on Tuesday. Stock traders acquired 268,845 put options on the stock. This represents an increase of 20% compared to the average volume of 224,235 put options.

Institutional Investors Weigh In On SPDR Gold Shares

Large investors have recently modified their holdings of the company. Murphy & Mullick Capital Management Corp acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at about $26,000. Roxbury Financial LLC bought a new stake in SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp boosted its position in shares of SPDR Gold Shares by 55.3% during the fourth 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 during the last quarter. Keystone Financial Group Inc. bought a new position in SPDR Gold Shares during the 4th quarter valued at $39,000. Finally, Compass Planning Associates Inc purchased a new stake in SPDR Gold Shares in the 4th quarter valued at about $39,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of NYSEARCA GLD opened at $288.16 on Thursday. The firm has a 50 day moving average price of $269.78 and a two-hundred day moving average price of $253.99. The stock has a market cap of $86.62 billion, a P/E ratio of -30.67 and a beta of 0.17. SPDR Gold Shares has a 52-week low of $210.30 and a 52-week high of $291.22.

SPDR Gold Shares Company Profile

(Get Free Report)

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).