Hancock Whitney Corp Purchases 267 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Hancock Whitney Corp lifted its position in SPDR Gold Shares (NYSEARCA:GLD) by 0.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 192,229 shares of the exchange traded fund’s stock after purchasing an additional 267 shares during the quarter. SPDR Gold Shares accounts for about 1.5% of Hancock Whitney Corp’s holdings, making the stock its 12th largest holding. Hancock Whitney Corp owned approximately 0.06% of SPDR Gold Shares worth $46,723,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC raised its stake in shares of SPDR Gold Shares by 21,571.1% during the third quarter. International Assets Investment Management LLC now owns 3,024,639 shares of the exchange traded fund’s stock worth $735,169,000 after acquiring an additional 3,010,682 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in SPDR Gold Shares by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,128,933 shares of the exchange traded fund’s stock worth $242,732,000 after purchasing an additional 28,683 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in SPDR Gold Shares by 7.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,007,710 shares of the exchange traded fund’s stock worth $216,668,000 after purchasing an additional 70,290 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in SPDR Gold Shares by 6.8% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 857,981 shares of the exchange traded fund’s stock valued at $184,474,000 after buying an additional 54,974 shares during the period. Finally, Arizona PSPRS Trust bought a new position in shares of SPDR Gold Shares during the second quarter valued at about $157,187,000. 42.19% of the stock is currently owned by institutional investors.

SPDR Gold Shares Stock Performance

Shares of GLD stock opened at $247.54 on Monday. The business has a 50-day moving average of $246.03 and a 200 day moving average of $230.74. SPDR Gold Shares has a 1-year low of $183.15 and a 1-year high of $257.71.

About SPDR Gold Shares

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).