C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 70.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,696 shares of the exchange traded fund’s stock after selling 3,986 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in SPDR Gold Shares were worth $411,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in shares of SPDR Gold Shares in the third quarter worth about $28,000. Roxbury Financial LLC purchased a new position in shares of SPDR Gold Shares in the 4th quarter valued at about $31,000. PayPay Securities Corp raised its holdings in SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares during the period. Capital Performance Advisors LLP acquired a new position in SPDR Gold Shares in the 3rd quarter worth about $35,000. Finally, Pittenger & Anderson Inc. purchased a new position in SPDR Gold Shares during the third quarter worth approximately $38,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
SPDR Gold Shares Stock Performance
SPDR Gold Shares stock opened at $270.85 on Thursday. The business has a 50 day simple moving average of $252.00 and a 200-day simple moving average of $244.63. SPDR Gold Shares has a 12 month low of $187.05 and a 12 month high of $271.33.
SPDR Gold Shares Company 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).
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