Apollon Financial LLC Acquires 7,764 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Apollon Financial LLC grew its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 276.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 10,576 shares of the exchange traded fund’s stock after acquiring an additional 7,764 shares during the quarter. Apollon Financial LLC’s holdings in SPDR Gold Shares were worth $2,561,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Ashton Thomas Securities LLC bought a new position in SPDR Gold Shares in the third quarter valued at approximately $28,000. Capital Performance Advisors LLP acquired a new stake in SPDR Gold Shares in the third quarter valued at $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares during the third quarter worth about $38,000. Keystone Financial Group Inc. bought a new position in SPDR Gold Shares during the 4th quarter worth approximately $39,000. Finally, Maryland Capital Advisors Inc. bought a new position in SPDR Gold Shares during the third quarter worth $40,000. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Stock Performance

Shares of SPDR Gold Shares stock opened at $263.90 on Friday. SPDR Gold Shares has a one year low of $183.78 and a one year high of $266.35. The stock’s 50-day moving average is $247.93 and its 200 day moving average is $241.64.

SPDR Gold Shares Company 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).