6,095 Shares in SPDR Gold Shares (NYSEARCA:GLD) Bought by PKS Advisory Services LLC

PKS Advisory Services LLC acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,095 shares of the exchange traded fund’s stock, valued at approximately $1,476,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GLD. Roxbury Financial LLC purchased a new stake in SPDR Gold Shares in the fourth quarter valued at about $31,000. PayPay Securities Corp increased its holdings 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 acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. purchased a new position in shares of SPDR Gold Shares in the 4th quarter valued at approximately $39,000. Compass Planning Associates Inc acquired a new stake in SPDR Gold Shares in the 4th quarter worth approximately $39,000. Finally, SOA Wealth Advisors LLC. grew its position in SPDR Gold Shares by 54.0% during the 3rd quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $277.25 on Tuesday. The company has a market cap of $83.34 billion, a price-to-earnings ratio of -29.30 and a beta of 0.20. The stock’s fifty day moving average price is $265.10 and its 200 day moving average price is $251.67. SPDR Gold Shares has a 1 year low of $200.97 and a 1 year high of $281.48.

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).