SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Net Worth Advisory Group

Net Worth Advisory Group lowered its holdings in shares of SPDR Gold Shares (NYSEARCA:GLD) by 4.3% in the fourth quarter, Holdings Channel reports. The firm owned 3,783 shares of the exchange traded fund’s stock after selling 169 shares during the quarter. Net Worth Advisory Group’s holdings in SPDR Gold Shares were worth $916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC raised its position in SPDR Gold Shares by 24,245.2% during the 4th quarter. Proficio Capital Partners LLC now owns 60,753,703 shares of the exchange traded fund’s stock worth $14,710,294,000 after buying an additional 60,504,152 shares during the last quarter. Raymond James Financial Inc. purchased a new position in SPDR Gold Shares during the 4th quarter worth $450,109,000. Strategic Financial Concepts LLC raised its position in SPDR Gold Shares by 24,600.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 608,876 shares of the exchange traded fund’s stock worth $147,427,000 after buying an additional 606,411 shares during the last quarter. Diversify Advisory Services LLC raised its position in SPDR Gold Shares by 446.0% during the 4th quarter. Diversify Advisory Services LLC now owns 239,355 shares of the exchange traded fund’s stock worth $59,410,000 after buying an additional 195,520 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in SPDR Gold Shares by 47.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 454,153 shares of the exchange traded fund’s stock worth $110,386,000 after buying an additional 146,271 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $266.04 on Tuesday. The company has a market cap of $79.97 billion, a P/E ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a one year low of $198.94 and a one year high of $272.32. The firm has a fifty day moving average of $258.75 and a two-hundred day moving average of $248.53.

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).