First Commonwealth Financial Corp PA Sells 1,439 Shares of SPDR Gold Shares (NYSEARCA:GLD)

First Commonwealth Financial Corp PA decreased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 25.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,228 shares of the exchange traded fund’s stock after selling 1,439 shares during the period. First Commonwealth Financial Corp PA’s holdings in SPDR Gold Shares were worth $1,028,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Triad Wealth Partners LLC acquired a new position in SPDR Gold Shares in the second quarter valued at approximately $25,000. Semmax Financial Advisors Inc. boosted its position in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares during the period. Private Ocean LLC grew its stake in shares of SPDR Gold Shares by 155.1% during the 2nd quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 76 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in SPDR Gold Shares in the 3rd quarter valued at $28,000. Finally, Chris Bulman Inc bought a new stake in SPDR Gold Shares during the second quarter worth about $29,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA GLD traded up $1.90 on Wednesday, hitting $244.85. 714,401 shares of the stock were exchanged, compared to its average volume of 7,030,504. The business’s fifty day moving average is $246.22 and its 200 day moving average is $231.09. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71.

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).