SPDR Gold Shares (NYSEARCA:GLD) Stake Raised by MRP Capital Investments LLC

MRP Capital Investments LLC grew its position in SPDR Gold Shares (NYSEARCA:GLD) by 25.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,872 shares of the exchange traded fund’s stock after acquiring an additional 2,190 shares during the quarter. SPDR Gold Shares comprises about 2.4% of MRP Capital Investments LLC’s portfolio, making the stock its 9th largest position. MRP Capital Investments LLC’s holdings in SPDR Gold Shares were worth $2,632,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Clarus Group Inc. raised its stake in shares of SPDR Gold Shares by 2.2% in the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock valued at $442,000 after acquiring an additional 40 shares during the period. Kellett Wealth Advisors LLC raised its stake in shares of SPDR Gold Shares by 3.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock valued at $281,000 after acquiring an additional 40 shares during the period. Magnus Financial Group LLC raised its stake in shares of SPDR Gold Shares by 0.6% in the fourth quarter. Magnus Financial Group LLC now owns 7,352 shares of the exchange traded fund’s stock valued at $1,780,000 after acquiring an additional 41 shares during the period. Pittenger & Anderson Inc. raised its stake in shares of SPDR Gold Shares by 25.9% in the fourth quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 41 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of SPDR Gold Shares by 2.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,533 shares of the exchange traded fund’s stock worth $369,000 after purchasing an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.1 %

NYSEARCA GLD opened at $280.75 on Friday. The company’s 50-day moving average price is $263.87 and its 200-day moving average price is $250.73. The stock has a market cap of $84.39 billion, a PE ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a 12 month low of $199.72 and a 12 month 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).