Semmax Financial Advisors Inc. Increases Holdings in SPDR Gold Shares (NYSEARCA:GLD)

Semmax Financial Advisors Inc. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 133.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255 shares of the exchange traded fund’s stock after purchasing an additional 146 shares during the period. Semmax Financial Advisors Inc.’s holdings in SPDR Gold Shares were worth $61,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC lifted its stake in SPDR Gold Shares by 21,571.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock valued at $735,169,000 after buying an additional 3,010,682 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Gold Shares by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after acquiring an additional 28,683 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of SPDR Gold Shares by 7.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock valued at $216,668,000 after purchasing an additional 70,290 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after acquiring an additional 54,974 shares during the period. Finally, Arizona PSPRS Trust purchased a new stake in shares of SPDR Gold Shares during the 2nd quarter worth about $157,187,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $245.59 on Friday. SPDR Gold Shares has a twelve month low of $183.15 and a twelve month high of $257.71. The firm’s fifty day simple moving average is $246.53 and its 200 day simple moving average is $231.56.

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).