AQR Capital Management LLC raised its stake in SPDR Gold Shares (NYSEARCA:GLD – Free Report) by 4.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,939 shares of the exchange traded fund’s stock after acquiring an additional 3,839 shares during the period. AQR Capital Management LLC’s holdings in SPDR Gold Shares were worth $20,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently made changes to their positions in the company. AlTi Global Inc. grew its position in shares of SPDR Gold Shares by 145.0% during the second quarter. AlTi Global Inc. now owns 335,937 shares of the exchange traded fund’s stock worth $72,212,000 after acquiring an additional 198,823 shares during the last quarter. Prairie Wealth Advisors Inc. grew its position in SPDR Gold Shares by 0.5% during the 2nd quarter. Prairie Wealth Advisors Inc. now owns 38,805 shares of the exchange traded fund’s stock worth $8,344,000 after purchasing an additional 179 shares during the last quarter. Insigneo Advisory Services LLC acquired a new position in SPDR Gold Shares in the second quarter valued at $12,665,000. Semmax Financial Advisors Inc. raised its holdings in shares of SPDR Gold Shares by 78.7% in the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 48 shares during the last quarter. Finally, Murchinson Ltd. acquired a new stake in shares of SPDR Gold Shares during the second quarter worth about $13,438,000. Hedge funds and other institutional investors own 42.19% of the company’s stock.
SPDR Gold Shares Price Performance
NYSEARCA GLD opened at $243.06 on Tuesday. SPDR Gold Shares has a 52-week low of $168.30 and a 52-week high of $247.37. The business’s 50-day moving average price is $231.33 and its 200 day moving average price is $221.02.
About SPDR Gold Shares
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).
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