Dynamic Technology Lab Private Ltd lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 32.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,465 shares of the exchange traded fund’s stock after acquiring an additional 605 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in SPDR Gold Shares were worth $710,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $30,000. Stone House Investment Management LLC bought a new stake in shares of SPDR Gold Shares during the first quarter valued at approximately $34,000. Columbia River Financial Group LLC bought a new stake in SPDR Gold Shares in the 1st quarter worth approximately $34,000. Legacy Wealth Managment LLC ID grew its position in SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 46 shares during the period. Finally, HWG Holdings LP bought a new stake in SPDR Gold Shares in the 1st quarter worth approximately $53,000. Institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Trading Down 0.2%
NYSEARCA:GLD opened at $334.06 on Wednesday. SPDR Gold Shares has a 12 month low of $231.09 and a 12 month high of $338.31. The company has a market cap of $111.38 billion, a PE ratio of -32.43 and a beta of 0.15. The company has a 50 day simple moving average of $311.65 and a two-hundred day simple moving average of $300.50.
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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