SouthState Corp Sells 64 Shares of SPDR Gold Shares (NYSEARCA:GLD)

SouthState Corp reduced its position in SPDR Gold Shares (NYSEARCA:GLD) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,690 shares of the exchange traded fund’s stock after selling 64 shares during the quarter. SouthState Corp’s holdings in SPDR Gold Shares were worth $651,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Roxbury Financial LLC acquired a new position in shares of SPDR Gold Shares in the 4th quarter worth approximately $31,000. PayPay Securities Corp raised its stake in SPDR Gold Shares by 55.3% during the fourth quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 47 shares in the last quarter. Keystone Financial Group Inc. bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at $39,000. Compass Planning Associates Inc bought a new position in shares of SPDR Gold Shares during the fourth quarter valued at $39,000. Finally, SOA Wealth Advisors LLC. boosted its stake in shares of SPDR Gold Shares by 54.0% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock valued at $47,000 after purchasing an additional 68 shares in the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.5 %

Shares of SPDR Gold Shares stock opened at $276.73 on Tuesday. SPDR Gold Shares has a 12-month low of $198.94 and a 12-month high of $279.26. The stock has a market capitalization of $83.19 billion, a P/E ratio of -29.30 and a beta of 0.20. The company has a 50-day simple moving average of $261.76 and a 200 day simple moving average of $249.96.

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).