Evexia Wealth LLC cut its holdings in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 1.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,928 shares of the exchange traded fund’s stock after selling 208 shares during the quarter. SPDR Gold Shares comprises 1.2% of Evexia Wealth LLC’s portfolio, making the stock its 27th largest position. Evexia Wealth LLC’s holdings in SPDR Gold Shares were worth $3,404,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of SPDR Gold Shares by 6.6% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 568 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 35 shares in the last quarter. Marcum Wealth LLC boosted its position in shares of SPDR Gold Shares by 4.3% during the first quarter. Marcum Wealth LLC now owns 954 shares of the exchange traded fund’s stock worth $275,000 after purchasing an additional 39 shares in the last quarter. Clarus Group Inc. boosted its position in shares of SPDR Gold Shares by 2.2% during the fourth quarter. Clarus Group Inc. now owns 1,825 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 40 shares in the last quarter. Kellett Wealth Advisors LLC boosted its position in shares of SPDR Gold Shares by 3.6% during the fourth quarter. Kellett Wealth Advisors LLC now owns 1,160 shares of the exchange traded fund’s stock worth $281,000 after purchasing an additional 40 shares in the last quarter. Finally, Wealth Advisors of Iowa LLC raised its holdings in shares of SPDR Gold Shares by 3.9% during the fourth quarter. Wealth Advisors of Iowa LLC now owns 1,070 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 40 shares during the period. 42.19% of the stock is owned by institutional investors.
SPDR Gold Shares Stock Down 1.3%
Shares of NYSEARCA:GLD opened at $305.18 on Friday. SPDR Gold Shares has a 12 month low of $211.54 and a 12 month high of $317.63. The company’s fifty day simple moving average is $300.63 and its 200 day simple moving average is $272.44. The firm has a market cap of $99.79 billion, a price-to-earnings ratio of -32.43 and a beta of 0.11.
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).
Featured Stories
- Five stocks we like better than SPDR Gold Shares
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
- Options Trading – Understanding Strike Price
- 3 Stocks Getting Rare Double Upgrades From Analysts
- The 3 Best Fintech Stocks to Buy Now
- This Banking Giant Just Got a $90 Price Target Upgrade
Want to see what other hedge funds are holding GLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Gold Shares (NYSEARCA:GLD – Free Report).
Receive News & Ratings for SPDR Gold Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Gold Shares and related companies with MarketBeat.com's FREE daily email newsletter.