ExodusPoint Capital Management LP Has $8.24 Million Holdings in SPDR Gold Shares (NYSEARCA:GLD)

ExodusPoint Capital Management LP trimmed its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 65.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 34,033 shares of the exchange traded fund’s stock after selling 64,667 shares during the period. ExodusPoint Capital Management LP’s holdings in SPDR Gold Shares were worth $8,240,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Allen Wealth Management LLC bought a new position in shares of SPDR Gold Shares in the fourth quarter valued at approximately $208,000. World Investment Advisors grew its stake in SPDR Gold Shares by 57.1% in the 4th quarter. World Investment Advisors now owns 24,314 shares of the exchange traded fund’s stock valued at $5,887,000 after buying an additional 8,835 shares during the last quarter. Roger Wittlin Investment Advisory LLC lifted its position in SPDR Gold Shares by 6.1% during the 4th quarter. Roger Wittlin Investment Advisory LLC now owns 3,487 shares of the exchange traded fund’s stock worth $844,000 after acquiring an additional 200 shares during the last quarter. Disciplined Investors L.L.C. bought a new stake in SPDR Gold Shares during the fourth quarter valued at about $1,885,000. Finally, OneAscent Financial Services LLC bought a new stake in SPDR Gold Shares during the fourth quarter valued at about $3,366,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $279.72 on Friday. SPDR Gold Shares has a 52 week low of $210.71 and a 52 week high of $289.13. The firm has a market capitalization of $84.08 billion, a PE ratio of -30.67 and a beta of 0.17. The business’s 50-day simple moving average is $270.91 and its 200-day simple moving average is $254.50.

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).