Farrell Financial LLC Sells 65 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Farrell Financial LLC decreased its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,012 shares of the exchange traded fund’s stock after selling 65 shares during the period. Farrell Financial LLC’s holdings in SPDR Gold Shares were worth $245,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Semmax Financial Advisors Inc. raised its position in shares of 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 valued at $25,000 after buying an additional 48 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the third quarter valued at $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares during the third quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new stake in SPDR Gold Shares during the third quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares Trading Up 1.5 %

Shares of SPDR Gold Shares stock opened at $253.13 on Wednesday. SPDR Gold Shares has a 12 month low of $183.78 and a 12 month high of $257.71. The business’s 50-day moving average price is $243.99 and its 200-day moving average price is $238.73.

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).