Towarzystwo Funduszy Inwestycyjnych PZU SA Acquires Shares of 10,250 SPDR Gold Shares $GLD

Towarzystwo Funduszy Inwestycyjnych PZU SA acquired a new stake in shares of SPDR Gold Shares (NYSEARCA:GLDFree Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,250 shares of the exchange traded fund’s stock, valued at approximately $3,609,000. SPDR Gold Shares makes up approximately 0.9% of Towarzystwo Funduszy Inwestycyjnych PZU SA’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors also recently modified their holdings of GLD. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at $26,000. Hopwood Financial Services Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $27,000. Steigerwald Gordon & Koch Inc. acquired a new position in SPDR Gold Shares during the third quarter worth $31,000. Traub Capital Management LLC bought a new position in shares of SPDR Gold Shares in the second quarter valued at $34,000. Finally, Kilter Group LLC acquired a new position in shares of SPDR Gold Shares during the second quarter valued at about $34,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

Shares of NYSEARCA GLD opened at $460.84 on Friday. The company has a 50-day moving average price of $454.30 and a 200-day moving average price of $398.84. The stock has a market capitalization of $175.17 billion, a P/E ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $272.58 and a 1 year high of $509.70.

Key Stories Impacting SPDR Gold Shares

Here are the key news stories impacting SPDR Gold Shares this week:

SPDR Gold Shares Profile

(Free Report)

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.

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

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