Arizona PSPRS Trust Has $176.84 Million Position in SPDR Gold Shares (NYSEARCA:GLD)

Arizona PSPRS Trust reduced its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 0.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 727,552 shares of the exchange traded fund’s stock after selling 3,518 shares during the period. SPDR Gold Shares accounts for about 7.0% of Arizona PSPRS Trust’s holdings, making the stock its 6th biggest position. Arizona PSPRS Trust owned approximately 0.24% of SPDR Gold Shares worth $176,839,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Triad Wealth Partners LLC bought a new position in shares of SPDR Gold Shares during the 2nd quarter worth $25,000. Semmax Financial Advisors Inc. raised its stake in shares of SPDR Gold Shares by 78.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 48 shares during the period. Private Ocean LLC increased its position in shares of SPDR Gold Shares by 155.1% during the second quarter. Private Ocean LLC now owns 125 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 76 shares during the period. Ashton Thomas Securities LLC bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $28,000. Finally, Chris Bulman Inc purchased a new position in SPDR Gold Shares during the second quarter valued at approximately $29,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

SPDR Gold Shares stock opened at $245.59 on Monday. The business has a 50-day simple moving average of $246.53 and a 200 day simple moving average of $231.64. SPDR Gold Shares has a 52 week low of $183.15 and a 52 week high of $257.71.

SPDR Gold Shares 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).