SPDR Gold Shares $GLD Shares Sold by Aspire Private Capital LLC

Aspire Private Capital LLC reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) by 11.4% during the fourth quarter, HoldingsChannel reports. The firm owned 9,443 shares of the exchange traded fund’s stock after selling 1,211 shares during the quarter. Aspire Private Capital LLC’s holdings in SPDR Gold Shares were worth $3,742,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in GLD. First Eagle Investment Management LLC increased its stake in SPDR Gold Shares by 2.7% during the 3rd quarter. First Eagle Investment Management LLC now owns 2,531,196 shares of the exchange traded fund’s stock worth $899,764,000 after buying an additional 66,416 shares during the period. Bank of Montreal Can purchased a new position in shares of SPDR Gold Shares during the 3rd quarter valued at approximately $556,282,000. Ameriprise Financial Inc. boosted its stake in shares of SPDR Gold Shares by 3.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,555,831 shares of the exchange traded fund’s stock valued at $554,139,000 after buying an additional 50,756 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of SPDR Gold Shares by 3.0% during the third quarter. Envestnet Asset Management Inc. now owns 1,222,891 shares of the exchange traded fund’s stock worth $434,701,000 after buying an additional 35,619 shares in the last quarter. Finally, Barclays PLC grew its position in shares of SPDR Gold Shares by 1.4% during the third quarter. Barclays PLC now owns 1,125,376 shares of the exchange traded fund’s stock worth $400,037,000 after buying an additional 15,932 shares in the last quarter. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Gold Shares News Summary

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Trading Up 1.7%

Shares of NYSEARCA:GLD opened at $437.82 on Thursday. The firm has a market cap of $166.42 billion, a PE ratio of -32.43 and a beta of 0.09. The company has a fifty day simple moving average of $455.37 and a 200 day simple moving average of $408.38. SPDR Gold Shares has a 12-month low of $272.58 and a 12-month high of $509.70.

SPDR Gold Shares Company Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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