Mesirow Financial Investment Management Inc. Purchases 1,401 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Mesirow Financial Investment Management Inc. boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,957 shares of the exchange traded fund’s stock after buying an additional 1,401 shares during the quarter. SPDR Gold Shares makes up about 1.1% of Mesirow Financial Investment Management Inc.’s investment portfolio, making the stock its 17th largest position. Mesirow Financial Investment Management Inc.’s holdings in SPDR Gold Shares were worth $57,616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of the stock. Berkshire Asset Management LLC PA boosted its stake in SPDR Gold Shares by 301.7% in the 4th quarter. Berkshire Asset Management LLC PA now owns 4,716 shares of the exchange traded fund’s stock valued at $1,142,000 after buying an additional 3,542 shares in the last quarter. Novus Advisors LLC acquired a new stake in SPDR Gold Shares in the 4th quarter valued at $882,000. Acas LLC boosted its stake in SPDR Gold Shares by 14.2% in the 4th quarter. Acas LLC now owns 12,226 shares of the exchange traded fund’s stock valued at $3,229,000 after buying an additional 1,523 shares in the last quarter. BBR Partners LLC boosted its stake in SPDR Gold Shares by 10.1% in the 4th quarter. BBR Partners LLC now owns 9,629 shares of the exchange traded fund’s stock valued at $2,332,000 after buying an additional 880 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its stake in SPDR Gold Shares by 1.5% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 2,832 shares of the exchange traded fund’s stock valued at $686,000 after buying an additional 41 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $268.25 on Friday. The firm has a market cap of $80.64 billion, a P/E ratio of -28.59 and a beta of 0.20. The business’s fifty day moving average is $257.70 and its two-hundred day moving average is $247.79. SPDR Gold Shares has a 52 week low of $198.91 and a 52 week high of $272.32.

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).