PPSC Investment Service Corp Grows Stock Position in SPDR Gold Shares $GLD

PPSC Investment Service Corp boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 10.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 781,981 shares of the exchange traded fund’s stock after purchasing an additional 70,775 shares during the quarter. SPDR Gold Shares makes up 26.5% of PPSC Investment Service Corp’s investment portfolio, making the stock its 2nd largest position. PPSC Investment Service Corp’s holdings in SPDR Gold Shares were worth $336,479,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in GLD. Calder Financial LLC bought a new position in SPDR Gold Shares in the 4th quarter valued at $807,000. Crescent Grove Advisors LLC increased its holdings in shares of SPDR Gold Shares by 25.3% in the fourth quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock worth $6,230,000 after purchasing an additional 3,175 shares during the period. Cidel Asset Management Inc. increased its holdings in shares of SPDR Gold Shares by 69.8% in the first quarter. Cidel Asset Management Inc. now owns 3,368 shares of the exchange traded fund’s stock worth $1,449,000 after purchasing an additional 1,384 shares during the period. Ervin Investment Management LLC purchased a new stake in shares of SPDR Gold Shares in the fourth quarter worth $7,178,000. Finally, NerdWallet Wealth Partners LLC purchased a new stake in shares of SPDR Gold Shares in the third quarter worth $1,033,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $368.58 on Tuesday. SPDR Gold Shares has a 52-week low of $300.95 and a 52-week high of $509.70. The stock has a fifty day moving average of $409.64 and a 200 day moving average of $427.68. The firm has a market capitalization of $134.05 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14.

Trending Headlines about SPDR Gold Shares

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

• Neutral Sentiment: Gold prices are softening as traders focus on higher yields, the dollar, and Fed-rate expectations rather than safe-haven demand. Gold, silver weaken as Fed repricing overwhelms haven demand – Kitco PM Report
• Positive Sentiment: Central bank buying remains a major source of support for gold, suggesting underlying demand has not disappeared even after the recent pullback. Gold’s biggest buyers aren’t slowing down, but SocGen sees a more measured pace ahead
• Positive Sentiment: Some analysts see lower oil, easing inflation pressures, and a shift in gold demand toward Asia as potential tailwinds for a future rebound. Precious metals should benefit from falling oil, as gold market continues shift toward Asia – Heraeus
• Neutral Sentiment: Technical commentary is turning cautious, with traders watching whether gold can hold key support after the rally lost momentum. Gold News: Does the Death Cross Still Matter for Gold Prices?
• Negative Sentiment: Several reports say the recent rally has cracked, with rate concerns and rising yields keeping gold under pressure in the near term. Gold’s 2026 rally has cracked – is it time to buy the pullback?

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). 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.