SPDR Gold Shares $GLD Stock Acquired by Sepio Capital LP

Sepio Capital LP grew its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 9.0% in the third quarter, HoldingsChannel.com reports. The fund owned 19,617 shares of the exchange traded fund’s stock after acquiring an additional 1,616 shares during the quarter. Sepio Capital LP’s holdings in SPDR Gold Shares were worth $7,471,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Summer Road LLC lifted its stake in shares of SPDR Gold Shares by 11.1% in the 1st quarter. Summer Road LLC now owns 250 shares of the exchange traded fund’s stock valued at $108,000 after purchasing an additional 25 shares during the period. SFE Investment Counsel boosted its position in shares of SPDR Gold Shares by 4.5% during the 1st quarter. SFE Investment Counsel now owns 585 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 25 shares in the last quarter. Evolution Wealth Management Inc. boosted its position in shares of SPDR Gold Shares by 2.3% during the 1st quarter. Evolution Wealth Management Inc. now owns 1,200 shares of the exchange traded fund’s stock valued at $516,000 after purchasing an additional 27 shares in the last quarter. Financial Management Professionals Inc. boosted its position in shares of SPDR Gold Shares by 0.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 4,414 shares of the exchange traded fund’s stock valued at $1,626,000 after purchasing an additional 27 shares in the last quarter. Finally, Kraft Davis & Associates LLC grew its stake in SPDR Gold Shares by 0.6% during the second quarter. Kraft Davis & Associates LLC now owns 4,595 shares of the exchange traded fund’s stock worth $1,714,000 after purchasing an additional 27 shares during the period. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Price Performance

NYSEARCA GLD opened at $369.00 on Friday. The stock has a market capitalization of $137.19 billion, a P/E ratio of -32.43 and a beta of 0.18. The business has a 50 day simple moving average of $395.31 and a 200 day simple moving average of $399.06. SPDR Gold Shares has a one year low of $360.12 and a one year high of $509.70.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: Longer term, fund managers argue that elevated government debt, currency depreciation and geopolitical instability should support gold’s eventual rally. Gold miners are also generating strong cash flow at high bullion prices, potentially reinforcing investor interest in the gold complex. War in Iran, higher energy prices are only delaying gold’s rally to $5,000
• Positive Sentiment: Recent reports of record precious-metals demand and continued investor interest in gold ETFs provide a longer-term demand cushion, even as higher yields and rate expectations weigh on prices. Royal Mint sees record silver and platinum sales
• Neutral Sentiment: Analysts are watching the key $4,000-per-ounce support level and the upcoming Fed decision. A stabilization there could improve GLD’s outlook, while a decisive break could extend the decline. Gold Faces Geopolitical Pressure Despite 10-Year Real Yield Drop
• Negative Sentiment: Crude oil’s rise amid intensifying Hormuz and Iran tensions is reviving inflation fears and expectations for additional Fed tightening. Higher rates increase the opportunity cost of holding non-yielding gold. Precious metals tumble as Hormuz tensions intensify
• Negative Sentiment: U.S. weekly jobless claims fell more than expected to a three-month low, suggesting a resilient labor market and potentially giving the Fed more room to keep policy restrictive. Gold prices under pressure as jobless claims fall
• Negative Sentiment: Meta’s increased AI spending triggered a broader technology-related liquidation and risk reduction, contributing to unusually sharp gold selling despite lower real Treasury yields. Gold dives as Meta boosts AI spending

About SPDR Gold Shares

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.