Hantz Financial Services Inc. Has $890,000 Position in SPDR Gold Shares $GLD

Hantz Financial Services Inc. boosted its position in SPDR Gold Shares (NYSEARCA:GLD) by 7.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,921 shares of the exchange traded fund’s stock after buying an additional 208 shares during the quarter. Hantz Financial Services Inc.’s holdings in SPDR Gold Shares were worth $890,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of GLD. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Gold Shares in the 1st quarter valued at approximately $30,000. Columbia River Financial Group LLC acquired a new stake in SPDR Gold Shares in the 1st quarter valued at approximately $34,000. Stone House Investment Management LLC acquired a new stake in SPDR Gold Shares in the 1st quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID raised its position in 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 buying an additional 46 shares during the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in SPDR Gold Shares in the 2nd quarter valued at approximately $43,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $368.12 on Friday. The business’s 50 day simple moving average is $351.61 and its 200 day simple moving average is $322.69. SPDR Gold Shares has a 52-week low of $236.13 and a 52-week high of $403.30. The firm has a market cap of $133.59 billion, a PE ratio of -32.43 and a beta of 0.09.

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).