StoneX Group Inc. grew its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 31.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,654 shares of the exchange traded fund’s stock after purchasing an additional 5,358 shares during the period. StoneX Group Inc.’s holdings in SPDR Gold Shares were worth $5,485,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Murphy & Mullick Capital Management Corp acquired a new stake in SPDR Gold Shares during the fourth quarter worth about $26,000. Roxbury Financial LLC acquired a new stake in shares of SPDR Gold Shares during the 4th quarter worth approximately $31,000. PayPay Securities Corp increased 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 purchasing an additional 47 shares during the period. Keystone Financial Group Inc. acquired a new position in shares of SPDR Gold Shares in the fourth quarter valued at $39,000. Finally, Compass Planning Associates Inc bought a new position in SPDR Gold Shares in the fourth quarter worth $39,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
GLD opened at $288.14 on Tuesday. SPDR Gold Shares has a fifty-two week low of $206.29 and a fifty-two week high of $289.13. The company has a market capitalization of $86.61 billion, a P/E ratio of -29.30 and a beta of 0.20. The firm’s fifty day moving average price is $268.42 and its two-hundred day moving average price is $253.41.
About SPDR Gold Shares
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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