Insight Wealth Partners LLC Has $827,000 Stock Position in SPDR Gold Shares (NYSEARCA:GLD)

Insight Wealth Partners LLC boosted its stake in SPDR Gold Shares (NYSEARCA:GLD) by 20.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,401 shares of the exchange traded fund’s stock after purchasing an additional 588 shares during the quarter. Insight Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $827,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GLD. Cynosure Group LLC lifted its holdings in shares of SPDR Gold Shares by 125.5% during the 3rd quarter. Cynosure Group LLC now owns 48,521 shares of the exchange traded fund’s stock valued at $11,794,000 after purchasing an additional 27,005 shares in the last quarter. Townsquare Capital LLC raised its holdings in SPDR Gold Shares by 10.2% during the 3rd quarter. Townsquare Capital LLC now owns 19,969 shares of the exchange traded fund’s stock worth $4,854,000 after buying an additional 1,846 shares during the period. Avestar Capital LLC bought a new position in SPDR Gold Shares in the third quarter valued at approximately $211,000. Summit Financial Wealth Advisors LLC boosted its holdings in shares of SPDR Gold Shares by 5.4% in the third quarter. Summit Financial Wealth Advisors LLC now owns 4,159 shares of the exchange traded fund’s stock valued at $1,011,000 after buying an additional 213 shares during the period. Finally, Acorn Wealth Advisors LLC increased its position in shares of SPDR Gold Shares by 1.4% during the third quarter. Acorn Wealth Advisors LLC now owns 3,242 shares of the exchange traded fund’s stock worth $788,000 after acquiring an additional 44 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.2 %

GLD opened at $242.95 on Wednesday. SPDR Gold Shares has a 12 month low of $183.15 and a 12 month high of $257.71. The firm’s fifty day simple moving average is $246.22 and its 200 day simple moving average is $231.09.

SPDR Gold Shares Company 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).