Investors Research Corp Has $119,000 Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Investors Research Corp increased its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 529.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 491 shares of the exchange traded fund’s stock after purchasing an additional 413 shares during the period. Investors Research Corp’s holdings in SPDR Gold Shares were worth $119,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of GLD. Ashton Thomas Securities LLC bought a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $28,000. Roxbury Financial LLC bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $31,000. PayPay Securities Corp increased its position in shares of SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 47 shares during the period. Capital Performance Advisors LLP bought a new stake in shares of SPDR Gold Shares during the third quarter valued at approximately $35,000. Finally, Keystone Financial Group Inc. bought a new stake in shares of SPDR Gold Shares during the fourth quarter valued at approximately $39,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Trading Down 0.9 %

GLD opened at $266.04 on Tuesday. The stock has a market cap of $79.97 billion, a PE ratio of -28.59 and a beta of 0.20. SPDR Gold Shares has a 1 year low of $198.94 and a 1 year high of $272.32. The stock’s 50 day simple moving average is $258.75 and its 200-day simple moving average is $248.53.

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).