Leavell Investment Management Inc. Purchases 1,917 Shares of SPDR Gold Shares $GLD

Leavell Investment Management Inc. lifted its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 54.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,448 shares of the exchange traded fund’s stock after purchasing an additional 1,917 shares during the quarter. Leavell Investment Management Inc.’s holdings in SPDR Gold Shares were worth $1,661,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Brian Low Financial Group LLC bought a new position in SPDR Gold Shares in the second quarter worth $331,000. Insight Wealth Partners LLC raised its stake in shares of SPDR Gold Shares by 15.1% in the 2nd quarter. Insight Wealth Partners LLC now owns 4,638 shares of the exchange traded fund’s stock valued at $1,414,000 after buying an additional 609 shares in the last quarter. Curio Wealth LLC lifted its holdings in shares of SPDR Gold Shares by 26,400.0% during the 2nd quarter. Curio Wealth LLC now owns 1,590 shares of the exchange traded fund’s stock worth $485,000 after acquiring an additional 1,584 shares during the period. Allied Investment Advisors LLC boosted its position in shares of SPDR Gold Shares by 7.3% during the 2nd quarter. Allied Investment Advisors LLC now owns 6,635 shares of the exchange traded fund’s stock valued at $2,023,000 after acquiring an additional 450 shares in the last quarter. Finally, Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in SPDR Gold Shares by 19.2% in the second quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 1,782 shares of the exchange traded fund’s stock valued at $536,000 after acquiring an additional 287 shares during the period. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Down 0.3%

NYSEARCA:GLD opened at $377.52 on Friday. The firm has a market capitalization of $138.78 billion, a PE ratio of -32.43 and a beta of 0.15. SPDR Gold Shares has a 12-month low of $236.13 and a 12-month high of $403.30. The firm has a 50-day moving average price of $345.72 and a 200 day moving average price of $319.91.

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).