Ulysses Management LLC Buys 4,000 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Ulysses Management LLC grew its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 61.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,500 shares of the exchange traded fund’s stock after acquiring an additional 4,000 shares during the quarter. SPDR Gold Shares accounts for 0.4% of Ulysses Management LLC’s holdings, making the stock its 24th biggest position. Ulysses Management LLC’s holdings in SPDR Gold Shares were worth $2,542,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Murphy & Mullick Capital Management Corp acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $26,000. Roxbury Financial LLC purchased a new stake in shares of SPDR Gold Shares during the 4th quarter valued at $31,000. PayPay Securities Corp grew its stake in shares of SPDR Gold Shares by 55.3% during the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the period. Keystone Financial Group Inc. bought a new position in shares of SPDR Gold Shares during the 4th quarter worth $39,000. Finally, Compass Planning Associates Inc bought a new position in SPDR Gold Shares in the 4th quarter worth about $39,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 1.3%

NYSEARCA:GLD opened at $298.03 on Tuesday. The business’s 50-day moving average price is $293.19 and its two-hundred day moving average price is $266.69. SPDR Gold Shares has a twelve month low of $211.54 and a twelve month high of $317.63. The stock has a market cap of $89.59 billion, a P/E ratio of -32.43 and a beta of 0.12.

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).