SPDR Gold Shares (NYSEARCA:GLD) Position Lessened by Essex Investment Management Co. LLC

Essex Investment Management Co. LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLDGet Rating) by 38.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,969 shares of the exchange traded fund’s stock after selling 4,330 shares during the period. Essex Investment Management Co. LLC’s holdings in SPDR Gold Shares were worth $1,174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Sagil Capital LLP bought a new position in SPDR Gold Shares during the second quarter valued at about $5,054,000. Prudential PLC raised its holdings in SPDR Gold Shares by 7.5% during the second quarter. Prudential PLC now owns 402,499 shares of the exchange traded fund’s stock valued at $68,148,000 after buying an additional 28,230 shares in the last quarter. Capital Advisory Group Advisory Services LLC raised its holdings in SPDR Gold Shares by 0.4% during the second quarter. Capital Advisory Group Advisory Services LLC now owns 18,571 shares of the exchange traded fund’s stock valued at $3,183,000 after buying an additional 66 shares in the last quarter. Pacific Center for Financial Services raised its holdings in SPDR Gold Shares by 12.2% during the second quarter. Pacific Center for Financial Services now owns 1,679 shares of the exchange traded fund’s stock valued at $283,000 after buying an additional 182 shares in the last quarter. Finally, Financial Partners Group Inc raised its holdings in SPDR Gold Shares by 4.4% during the second quarter. Financial Partners Group Inc now owns 3,338 shares of the exchange traded fund’s stock valued at $562,000 after buying an additional 141 shares in the last quarter. 40.89% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Up 0.6 %

SPDR Gold Shares stock opened at $163.08 on Thursday. The business’s 50-day simple moving average is $156.63 and its 200-day simple moving average is $162.86. SPDR Gold Shares has a 52 week low of $150.57 and a 52 week high of $193.30.

SPDR Gold Shares Profile

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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).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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