Hunting Hill Global Capital LLC Has $238,000 Stake in SPDR Gold Shares $GLD

Hunting Hill Global Capital LLC decreased its position in SPDR Gold Shares (NYSEARCA:GLD) by 96.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 600 shares of the exchange traded fund’s stock after selling 17,786 shares during the period. Hunting Hill Global Capital LLC’s holdings in SPDR Gold Shares were worth $238,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Calder Financial LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $807,000. Crescent Grove Advisors LLC increased its position in SPDR Gold Shares by 25.3% in the 4th quarter. Crescent Grove Advisors LLC now owns 15,719 shares of the exchange traded fund’s stock valued at $6,230,000 after buying an additional 3,175 shares in the last quarter. Empirical Asset Management LLC increased its position in SPDR Gold Shares by 256.7% in the 3rd quarter. Empirical Asset Management LLC now owns 36,404 shares of the exchange traded fund’s stock valued at $12,941,000 after buying an additional 26,197 shares in the last quarter. Colonial Trust Advisors increased its position in SPDR Gold Shares by 7.6% in the 3rd quarter. Colonial Trust Advisors now owns 19,720 shares of the exchange traded fund’s stock valued at $7,010,000 after buying an additional 1,385 shares in the last quarter. Finally, Ervin Investment Management LLC bought a new stake in SPDR Gold Shares in the 4th quarter valued at about $7,178,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Price Performance

Shares of SPDR Gold Shares stock opened at $388.60 on Thursday. SPDR Gold Shares has a one year low of $299.89 and a one year high of $509.70. The firm has a market capitalization of $141.33 billion, a price-to-earnings ratio of -32.43 and a beta of 0.14. The business has a 50-day simple moving average of $419.42 and a 200 day simple moving average of $428.27.

SPDR Gold Shares News Roundup

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Wells Fargo said gold still has room to run, calling current prices an attractive entry point as inflation risks and fiscal deficits support the long-term case for the metal. Gold’s bull market has room to run as inflation risks, fiscal deficits support prices – Wells Fargo
• Positive Sentiment: A World Gold Council survey showed record expectations for central banks to increase gold holdings, reinforcing demand from the official sector. Record 45% of central banks plan to increase gold holdings, WGC survey finds
• Positive Sentiment: Several reports highlighted gold’s safe-haven appeal as geopolitical tensions, inflation worries, and softer Treasury yields continue to support demand. Central banks are bringing gold reserves home as geopolitical risks rise
• Neutral Sentiment: Some technical analysts said gold remains in a choppy consolidation phase, with traders waiting for clearer signals from rates, inflation, and the Fed before the next major move. Gold (XAU/USD) Price Forecast: Downtrend Holds as Resistance Strengthens
• Negative Sentiment: Gold retreated after the Fed’s policy statement and hawkish projections, with markets reacting to the possibility of tighter policy later this year, which is a headwind for GLD. Gold drops below $4,300/oz as Fed votes 12-0 in favor of rate hold, but nearly half of policymakers see a rate hike in 2026
• Negative Sentiment: Strong U.S. retail sales and a firmer dollar also weighed on gold intraday, adding to the downside pressure on the ETF. Update: Gold Edges Down As Dollar Steadies On Strong U.S. Retail Sales Report Ahead Of Fed’s Rate Decision

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). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.