EWG Elevate Inc. Sells 23,669 Shares of SPDR Gold Shares (NYSEARCA:GLD)

EWG Elevate Inc. cut its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 89.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,851 shares of the exchange traded fund’s stock after selling 23,669 shares during the quarter. EWG Elevate Inc.’s holdings in SPDR Gold Shares were worth $690,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Semmax Financial Advisors Inc. grew its position in 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 worth $25,000 after acquiring an additional 48 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter worth $28,000. Capital Performance Advisors LLP purchased a new position in SPDR Gold Shares during the 3rd quarter valued at about $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth approximately $38,000. Finally, Sugarloaf Wealth Management LLC boosted its holdings in SPDR Gold Shares by 78.9% in the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares in the last quarter. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Trading Up 1.0 %

NYSEARCA:GLD opened at $248.21 on Monday. The company’s 50 day moving average price is $244.01 and its 200-day moving average price is $237.37. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71.

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).