SPDR Gold Shares $GLD Shares Sold by Helios Capital Management PTE. Ltd.

Helios Capital Management PTE. Ltd. reduced its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 20.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,000 shares of the exchange traded fund’s stock after selling 8,000 shares during the quarter. SPDR Gold Shares makes up 7.5% of Helios Capital Management PTE. Ltd.’s portfolio, making the stock its 3rd biggest holding. Helios Capital Management PTE. Ltd.’s holdings in SPDR Gold Shares were worth $9,755,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares during the first quarter worth about $30,000. Stone House Investment Management LLC acquired a new stake in SPDR Gold Shares during the first quarter worth about $34,000. Legacy Wealth Managment LLC ID increased its stake in SPDR Gold Shares by 51.1% during the first quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 46 shares during the last quarter. First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares during the second quarter worth about $43,000. Finally, Signature Resources Capital Management LLC increased its stake in SPDR Gold Shares by 146.7% during the second quarter. Signature Resources Capital Management LLC now owns 185 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 110 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA:GLD opened at $366.51 on Thursday. The firm has a market capitalization of $132.64 billion, a PE ratio of -32.43 and a beta of 0.09. The business has a 50-day moving average of $354.87 and a two-hundred day moving average of $323.93. SPDR Gold Shares has a 12 month low of $236.13 and a 12 month high of $403.30.

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).