SPDR Gold Shares (NYSEARCA:GLD) is PPSC Investment Service Corp’s 4th Largest Position

PPSC Investment Service Corp raised its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 459,186 shares of the exchange traded fund’s stock after purchasing an additional 38,295 shares during the period. SPDR Gold Shares makes up approximately 12.4% of PPSC Investment Service Corp’s holdings, making the stock its 4th largest holding. PPSC Investment Service Corp owned approximately 0.15% of SPDR Gold Shares worth $111,183,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new position in shares of SPDR Gold Shares during the 3rd quarter valued at about $28,000. PayPay Securities Corp grew its position in 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 during the last quarter. Capital Performance Advisors LLP purchased a new position in shares of SPDR Gold Shares during the third quarter worth approximately $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares in the 3rd quarter worth approximately $38,000. Finally, Keystone Financial Group Inc. bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth approximately $39,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.0 %

GLD stock opened at $270.31 on Friday. The firm’s fifty day moving average is $249.73 and its 200 day moving average is $243.07. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $270.39.

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).