Humankind Investments LLC Makes New $9.69 Million Investment in SPDR Gold Shares (NYSEARCA:GLD)

Humankind Investments LLC purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 40,000 shares of the exchange traded fund’s stock, valued at approximately $9,685,000. SPDR Gold Shares comprises approximately 2.5% of Humankind Investments LLC’s holdings, making the stock its 8th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Murphy & Mullick Capital Management Corp acquired a new position in shares of SPDR Gold Shares during the fourth quarter valued at approximately $26,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares in the 4th quarter worth $31,000. PayPay Securities Corp raised its stake in shares of SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 47 shares in the last quarter. Keystone Financial Group Inc. acquired a new stake in shares of SPDR Gold Shares in the fourth quarter valued at $39,000. Finally, Compass Planning Associates Inc acquired a new position in SPDR Gold Shares during the fourth quarter worth about $39,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Trading Up 0.7 %

Shares of SPDR Gold Shares stock opened at $306.84 on Friday. SPDR Gold Shares has a 52 week low of $211.54 and a 52 week high of $317.63. The company’s 50-day moving average price is $289.80 and its two-hundred day moving average price is $264.82. The stock has a market cap of $92.24 billion, a PE ratio of -32.58 and a beta of 0.17.

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).