AlphaMark Advisors LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 11.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,651 shares of the exchange traded fund’s stock after selling 205 shares during the quarter. AlphaMark Advisors LLC’s holdings in SPDR Gold Shares were worth $355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Frazier Financial Advisors LLC acquired a new stake in shares of SPDR Gold Shares in the fourth quarter worth $26,000. Northwest Investment Counselors LLC acquired a new stake in SPDR Gold Shares in the 1st quarter valued at about $26,000. Gold Investment Management Ltd. bought a new position in SPDR Gold Shares in the 4th quarter valued at $27,000. Security National Bank acquired a new stake in SPDR Gold Shares in the first quarter worth about $28,000. Finally, Naples Money Management LLC acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $31,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Stock Performance
GLD stock traded up $0.71 during midday trading on Thursday, hitting $226.91. 5,110,934 shares of the company’s stock were exchanged, compared to its average volume of 7,198,428. SPDR Gold Shares has a one year low of $168.30 and a one year high of $229.65. The stock’s fifty day moving average price is $219.98 and its 200-day moving average price is $210.68.
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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