EPIQ Capital Group LLC Sells 385 Shares of SPDR Gold Shares (NYSEARCA:GLD)

EPIQ Capital Group LLC cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,232 shares of the exchange traded fund’s stock after selling 385 shares during the period. SPDR Gold Shares comprises approximately 4.4% of EPIQ Capital Group LLC’s holdings, making the stock its 8th largest holding. EPIQ Capital Group LLC’s holdings in SPDR Gold Shares were worth $16,763,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares during the third quarter worth $28,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth about $31,000. PayPay Securities Corp increased its position 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 in the last quarter. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares during the 3rd quarter valued at about $35,000. Finally, Keystone Financial Group Inc. acquired a new position in SPDR Gold Shares in the fourth quarter valued at about $39,000. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.1 %

Shares of SPDR Gold Shares stock opened at $268.39 on Monday. SPDR Gold Shares has a 1-year low of $198.94 and a 1-year high of $272.32. The firm’s 50-day moving average price is $258.24 and its two-hundred day moving average price is $248.27. The stock has a market capitalization of $80.68 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20.

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).