Lesa Sroufe & Co acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm acquired 1,620 shares of the exchange traded fund’s stock, valued at approximately $467,000.
Several other large investors have also recently modified their holdings of the company. Murphy & Mullick Capital Management Corp purchased a new stake in SPDR Gold Shares during the 4th quarter worth approximately $26,000. Compass Planning Associates Inc purchased a new stake in SPDR Gold Shares during the 4th quarter worth approximately $39,000. Pittenger & Anderson Inc. grew its position in SPDR Gold Shares by 25.9% during the 4th quarter. Pittenger & Anderson Inc. now owns 199 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 41 shares during the last quarter. American National Bank & Trust grew its position in SPDR Gold Shares by 189.4% during the 1st quarter. American National Bank & Trust now owns 191 shares of the exchange traded fund’s stock worth $55,000 after purchasing an additional 125 shares during the last quarter. Finally, Mattson Financial Services LLC purchased a new stake in SPDR Gold Shares during the 4th quarter worth approximately $56,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 1.4%
NYSEARCA:GLD opened at $311.78 on Tuesday. The company has a market cap of $101.95 billion, a PE ratio of -32.43 and a beta of 0.11. SPDR Gold Shares has a twelve month low of $212.12 and a twelve month high of $317.63. The company’s 50 day moving average is $304.30 and its two-hundred day moving average is $275.57.
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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