CPR Investments Inc. Has $8.41 Million Stock Holdings in SPDR Gold Shares $GLD

CPR Investments Inc. boosted its holdings in SPDR Gold Shares (NYSEARCA:GLD) by 0.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,577 shares of the exchange traded fund’s stock after buying an additional 107 shares during the quarter. SPDR Gold Shares makes up 6.5% of CPR Investments Inc.’s holdings, making the stock its 5th biggest holding. CPR Investments Inc.’s holdings in SPDR Gold Shares were worth $8,406,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of GLD. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares in the first quarter valued at approximately $30,000. Columbia River Financial Group LLC acquired a new position in shares of SPDR Gold Shares during the first quarter worth $34,000. Stone House Investment Management LLC bought a new position in shares of SPDR Gold Shares in the 1st quarter valued at $34,000. Legacy Wealth Managment LLC ID lifted its stake in shares of SPDR Gold Shares by 51.1% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 136 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 46 shares during the last quarter. Finally, HWG Holdings LP acquired a new stake in shares of SPDR Gold Shares during the 1st quarter valued at $53,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Up 0.8%

Shares of GLD stock opened at $357.64 on Monday. SPDR Gold Shares has a twelve month low of $236.13 and a twelve month high of $358.67. The stock’s fifty day simple moving average is $324.54 and its 200 day simple moving average is $309.90. The firm has a market capitalization of $126.50 billion, a P/E ratio of -32.43 and a beta of 0.15.

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).