AlphaMark Advisors LLC lessened its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 18.1% during the 1st quarter, HoldingsChannel reports. The fund owned 1,856 shares of the exchange traded fund’s stock after selling 410 shares during the period. AlphaMark Advisors LLC’s holdings in SPDR Gold Shares were worth $382,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in GLD. Silvia Mccoll Wealth Management LLC acquired a new position in shares of SPDR Gold Shares in the first quarter worth $225,000. O ROURKE & COMPANY Inc increased its position in SPDR Gold Shares by 9.4% in the 1st quarter. O ROURKE & COMPANY Inc now owns 2,567 shares of the exchange traded fund’s stock worth $528,000 after purchasing an additional 221 shares during the last quarter. Claro Advisors LLC lifted its holdings in shares of SPDR Gold Shares by 17.5% during the 1st quarter. Claro Advisors LLC now owns 4,159 shares of the exchange traded fund’s stock valued at $856,000 after buying an additional 618 shares during the last quarter. CCG Wealth Management LLC bought a new stake in shares of SPDR Gold Shares in the 1st quarter valued at approximately $814,000. Finally, Miracle Mile Advisors LLC grew its stake in shares of SPDR Gold Shares by 95.3% in the 1st quarter. Miracle Mile Advisors LLC now owns 4,690 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,289 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
GLD traded up $0.58 during midday trading on Monday, hitting $215.59. 3,697,996 shares of the company’s stock traded hands, compared to its average volume of 7,315,656. SPDR Gold Shares has a one year low of $168.30 and a one year high of $225.66. The stock’s fifty day simple moving average is $216.20 and its 200-day simple moving average is $202.93.
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).
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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).
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