Invictus Private Wealth LLC Makes New $614,000 Investment in SPDR Gold Shares $GLD

Invictus Private Wealth LLC bought a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,666 shares of the exchange traded fund’s stock, valued at approximately $614,000.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. WPG Advisers LLC purchased a new stake in shares of SPDR Gold Shares during the 4th quarter worth $25,000. Timmons Wealth Management LLC purchased a new position in SPDR Gold Shares in the fourth quarter valued at about $26,000. Chapman Financial Group LLC purchased a new position in SPDR Gold Shares in the second quarter valued at about $26,000. Eukles Asset Management bought a new position in SPDR Gold Shares in the fourth quarter worth about $27,000. Finally, Private Wealth Management Group LLC bought a new position in SPDR Gold Shares in the first quarter worth about $30,000. 42.19% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: July U.S. CPI and PPI data were benign, easing expectations for further Federal Reserve tightening. Lower expected rates and potentially declining real yields reduce the opportunity cost of holding non-yielding gold. Cooler CPI and PPI boost gold and ease rate hike bets
• Positive Sentiment: UBS said gold could challenge $5,000 per ounce in the first half of 2027, citing lower real rates, a softer U.S. dollar and strong sovereign demand. The Bank of Korea’s reported $250 million purchase of SPDR Gold Shares also reinforces the central-bank demand narrative. UBS gold outlook Bank of Korea gold ETF purchase
• Positive Sentiment: An LBMA survey projected gold would average near $4,500 per ounce by year-end, suggesting analysts still see meaningful support for gold and, by extension, GLD. LBMA gold price survey
• Neutral Sentiment: Gold briefly neared $4,450 before retreating, leaving the market focused on whether it can break and hold above the $4,500 technical resistance level. Gold rally faces moment of truth
• Negative Sentiment: Gold snapped a four-session advance as traders locked in gains. Falling oil prices and easing yields also reduced the immediate appeal of gold as an inflation hedge, while a relatively firm dollar added pressure. Gold snaps four-day advance

SPDR Gold Shares Stock Performance

GLD stock opened at $398.96 on Friday. The firm has a market cap of $140.87 billion, a price-to-earnings ratio of -32.43 and a beta of 0.17. The firm has a 50-day simple moving average of $380.35 and a two-hundred day simple moving average of $419.85. SPDR Gold Shares has a one year low of $305.19 and a one year high of $509.70.

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.