PPSC Investment Service Corp Has $111.18 Million Stock Holdings in SPDR Gold Shares (NYSEARCA:GLD)

PPSC Investment Service Corp lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 9.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 459,186 shares of the exchange traded fund’s stock after purchasing an additional 38,295 shares during the period. SPDR Gold Shares comprises approximately 12.4% of PPSC Investment Service Corp’s portfolio, making the stock its 4th biggest holding. PPSC Investment Service Corp’s holdings in SPDR Gold Shares were worth $111,183,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares in the third quarter worth $28,000. PayPay Securities Corp raised its holdings in SPDR Gold Shares by 55.3% in the 4th quarter. PayPay Securities Corp now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 47 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of SPDR Gold Shares in the 3rd quarter worth about $35,000. Pittenger & Anderson Inc. bought a new stake in shares of SPDR Gold Shares during the 3rd quarter valued at about $38,000. Finally, Keystone Financial Group Inc. purchased a new position in shares of SPDR Gold Shares during the fourth quarter valued at about $39,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Price Performance

GLD stock opened at $270.31 on Friday. SPDR Gold Shares has a 1 year low of $183.78 and a 1 year high of $270.39. The firm has a 50-day moving average of $249.73 and a 200 day moving average of $243.07.

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).