Cavalier Investments LLC Has $408,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Cavalier Investments LLC decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,687 shares of the exchange traded fund’s stock after selling 186 shares during the period. Cavalier Investments LLC’s holdings in SPDR Gold Shares were worth $408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the 3rd quarter worth $28,000. Roxbury Financial LLC acquired a new position in SPDR Gold Shares during the 4th quarter worth $31,000. PayPay Securities Corp lifted its position in 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 last quarter. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares during the 3rd quarter worth $35,000. Finally, Pittenger & Anderson Inc. acquired a new position in SPDR Gold Shares during the 3rd quarter worth $38,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $268.62 on Wednesday. The firm has a market cap of $80.75 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a fifty-two week low of $187.53 and a fifty-two week high of $272.32. The firm has a fifty day moving average price of $254.04 and a two-hundred day moving average price of $246.15.

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).