6,095 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by PKS Advisory Services LLC

PKS Advisory Services LLC bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) in the fourth quarter, Holdings Channel reports. The fund bought 6,095 shares of the exchange traded fund’s stock, valued at approximately $1,476,000.

Several other hedge funds and other institutional investors have also made changes to their positions in GLD. Roxbury Financial LLC acquired a new position in SPDR Gold Shares during the fourth quarter worth about $31,000. PayPay Securities Corp boosted its holdings 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 purchasing an additional 47 shares during the last quarter. Keystone Financial Group Inc. purchased a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $39,000. Compass Planning Associates Inc acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at approximately $39,000. Finally, SOA Wealth Advisors LLC. increased its holdings in shares of SPDR Gold Shares by 54.0% in the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Down 0.4 %

Shares of NYSEARCA:GLD opened at $277.25 on Tuesday. SPDR Gold Shares has a 52-week low of $200.97 and a 52-week high of $281.48. The stock has a market cap of $83.34 billion, a P/E ratio of -29.30 and a beta of 0.20. The business has a fifty day moving average of $265.10 and a two-hundred day moving average of $251.67.

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).