Sepio Capital LP Purchases 864 Shares of SPDR Gold Shares $GLD

Sepio Capital LP boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 5.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 17,839 shares of the exchange traded fund’s stock after buying an additional 864 shares during the period. Sepio Capital LP’s holdings in SPDR Gold Shares were worth $5,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Pacific Center for Financial Services raised its holdings in SPDR Gold Shares by 13.4% in the 1st quarter. Pacific Center for Financial Services now owns 3,282 shares of the exchange traded fund’s stock valued at $946,000 after acquiring an additional 388 shares in the last quarter. Plancorp LLC acquired a new position in SPDR Gold Shares in the 1st quarter valued at $360,000. National Wealth Management Group LLC raised its holdings in SPDR Gold Shares by 8.9% in the 1st quarter. National Wealth Management Group LLC now owns 6,969 shares of the exchange traded fund’s stock valued at $2,008,000 after acquiring an additional 572 shares in the last quarter. NewEdge Advisors LLC raised its holdings in SPDR Gold Shares by 0.8% in the 1st quarter. NewEdge Advisors LLC now owns 201,943 shares of the exchange traded fund’s stock valued at $58,188,000 after acquiring an additional 1,549 shares in the last quarter. Finally, KADENSA CAPITAL Ltd acquired a new position in SPDR Gold Shares in the 1st quarter valued at $10,247,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $331.05 on Friday. The stock has a market capitalization of $110.37 billion, a PE ratio of -32.43 and a beta of 0.15. The business has a fifty day moving average price of $310.52 and a two-hundred day moving average price of $299.62. SPDR Gold Shares has a fifty-two week low of $229.62 and a fifty-two week high of $331.44.

SPDR Gold Shares 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).