Insight Wealth Partners LLC Has $827,000 Stake in SPDR Gold Shares (NYSEARCA:GLD)

Insight Wealth Partners LLC grew its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 20.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,401 shares of the exchange traded fund’s stock after acquiring an additional 588 shares during the period. Insight Wealth Partners LLC’s holdings in SPDR Gold Shares were worth $827,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of GLD. Triad Wealth Partners LLC acquired a new position in shares of SPDR Gold Shares in the second quarter valued at about $25,000. Semmax Financial Advisors Inc. grew its stake in SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 48 shares in the last quarter. Private Ocean LLC increased its holdings in SPDR Gold Shares by 155.1% in the 2nd 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 stake in shares of SPDR Gold Shares during the 3rd quarter worth approximately $28,000. Finally, Chris Bulman Inc acquired a new stake in shares of SPDR Gold Shares during the 2nd quarter worth approximately $29,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

NYSEARCA GLD opened at $242.95 on Wednesday. SPDR Gold Shares has a fifty-two week low of $183.15 and a fifty-two week high of $257.71. The business has a fifty day moving average price of $246.22 and a two-hundred day moving average price of $231.09.

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).