Integrity Wealth Advisors Inc. Takes Position in SPDR Gold Shares (NYSEARCA:GLD)

Integrity Wealth Advisors Inc. acquired a new position in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,463 shares of the exchange traded fund’s stock, valued at approximately $354,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Morse Asset Management Inc bought a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $1,929,000. SOA Wealth Advisors LLC. lifted its holdings in shares of SPDR Gold Shares by 54.0% during the third quarter. SOA Wealth Advisors LLC. now owns 194 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 68 shares during the period. World Investment Advisors LLC grew its stake in shares of SPDR Gold Shares by 17.3% in the third quarter. World Investment Advisors LLC now owns 15,479 shares of the exchange traded fund’s stock worth $3,762,000 after purchasing an additional 2,288 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in SPDR Gold Shares by 451.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 55,860 shares of the exchange traded fund’s stock valued at $13,577,000 after purchasing an additional 45,724 shares during the period. Finally, Tidal Investments LLC raised its position in SPDR Gold Shares by 12.7% during the 3rd quarter. Tidal Investments LLC now owns 14,850 shares of the exchange traded fund’s stock worth $3,609,000 after purchasing an additional 1,676 shares during the last quarter. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.6 %

Shares of GLD opened at $296.23 on Tuesday. The company has a market capitalization of $89.05 billion, a PE ratio of -30.67 and a beta of 0.17. The stock’s 50-day moving average price is $275.23 and its two-hundred day moving average price is $256.99. SPDR Gold Shares has a 12 month low of $210.71 and a 12 month high of $299.28.

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).