Parallel Advisors LLC Purchases 460 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Parallel Advisors LLC lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,976 shares of the exchange traded fund’s stock after purchasing an additional 460 shares during the period. Parallel Advisors LLC’s holdings in SPDR Gold Shares were worth $9,195,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GLD. Roxbury Financial LLC acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $31,000. PayPay Securities Corp lifted its stake in shares of SPDR Gold Shares by 55.3% in the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares during the period. Keystone Financial Group Inc. acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $39,000. Compass Planning Associates Inc acquired a new position in shares of SPDR Gold Shares in the fourth quarter worth approximately $39,000. Finally, SOA Wealth Advisors LLC. lifted its stake in shares of SPDR Gold Shares by 54.0% in the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after acquiring an additional 68 shares during the period. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

SPDR Gold Shares stock opened at $275.24 on Monday. The stock’s 50 day moving average is $261.08 and its 200 day moving average is $249.65. The firm has a market cap of $82.74 billion, a P/E ratio of -29.30 and a beta of 0.20. SPDR Gold Shares has a one year low of $198.94 and a one year high of $276.30.

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).