SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by NCM Capital Management LLC

NCM Capital Management LLC reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 4.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,970 shares of the exchange traded fund’s stock after selling 100 shares during the period. NCM Capital Management LLC’s holdings in SPDR Gold Shares were worth $477,000 at the end of the most recent quarter.

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

SPDR Gold Shares Stock Up 1.9%

SPDR Gold Shares stock opened at $303.58 on Wednesday. The stock has a market cap of $91.26 billion, a P/E ratio of -32.43 and a beta of 0.12. SPDR Gold Shares has a 12 month low of $211.54 and a 12 month high of $317.63. The company’s fifty day simple moving average is $293.75 and its 200-day simple moving average is $266.94.

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).