Altiora Financial Group LLC Sells 2,793 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Altiora Financial Group LLC cut its stake in SPDR Gold Shares (NYSEARCA:GLD) by 41.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,972 shares of the exchange traded fund’s stock after selling 2,793 shares during the period. Altiora Financial Group LLC’s holdings in SPDR Gold Shares were worth $962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares during the third quarter worth about $28,000. Roxbury Financial LLC bought a new position in SPDR Gold Shares during the fourth quarter worth about $31,000. PayPay Securities Corp increased its position 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 during the period. Capital Performance Advisors LLP bought a new position in SPDR Gold Shares during the third quarter worth about $35,000. Finally, Keystone Financial Group Inc. bought a new position in SPDR Gold Shares during the fourth quarter worth about $39,000. 42.19% of the stock is owned by institutional investors.

SPDR Gold Shares Stock Performance

NYSEARCA:GLD opened at $268.39 on Monday. SPDR Gold Shares has a 52 week low of $198.94 and a 52 week high of $272.32. The firm has a market cap of $80.68 billion, a price-to-earnings ratio of -28.59 and a beta of 0.20. The firm’s 50-day simple moving average is $258.24 and its 200 day simple moving average is $248.27.

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).