AlphaCore Capital LLC Sells 29,971 Shares of SPDR Gold Shares $GLD

AlphaCore Capital LLC decreased its stake in SPDR Gold Shares (NYSEARCA:GLD) by 27.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,523 shares of the exchange traded fund’s stock after selling 29,971 shares during the period. SPDR Gold Shares accounts for about 1.0% of AlphaCore Capital LLC’s holdings, making the stock its 23rd biggest holding. AlphaCore Capital LLC’s holdings in SPDR Gold Shares were worth $28,268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of GLD. Neumeier Poma Investment Counsel LLC boosted its position in shares of SPDR Gold Shares by 51.6% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 36,636 shares of the exchange traded fund’s stock valued at $13,023,000 after purchasing an additional 12,470 shares in the last quarter. Hapanowicz & Associates Financial Services Inc increased its position in SPDR Gold Shares by 2.9% in the 3rd quarter. Hapanowicz & Associates Financial Services Inc now owns 1,579 shares of the exchange traded fund’s stock valued at $561,000 after buying an additional 44 shares in the last quarter. Roberts Glore & Co. Inc. IL acquired a new position in SPDR Gold Shares during the 3rd quarter worth approximately $464,000. US Bancorp DE grew its stake in SPDR Gold Shares by 3.9% in the third quarter. US Bancorp DE now owns 797,375 shares of the exchange traded fund’s stock valued at $283,443,000 after acquiring an additional 30,215 shares during the period. Finally, Empirical Asset Management LLC lifted its holdings in shares of 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 worth $12,941,000 after purchasing an additional 26,197 shares in the last quarter. Institutional investors own 42.19% of the company’s stock.

SPDR Gold Shares Trading Down 0.3%

Shares of GLD stock opened at $473.42 on Thursday. The firm has a fifty day simple moving average of $437.57 and a two-hundred day simple moving average of $385.57. SPDR Gold Shares has a 12 month low of $261.25 and a 12 month high of $509.70. The firm has a market capitalization of $179.95 billion, a PE ratio of -32.43 and a beta of 0.09.

SPDR Gold Shares News Summary

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

• Positive Sentiment: Major bank and market-house price targets and macro flow support higher gold over the medium term — J.P. Morgan projects a ~22% rise to $6,300 by year‑end 2026, and MKS PAMP says the bull market is mid‑cycle with upside toward $6,750, underpinning long‑term demand for GLD. Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. Morgan Gold bull market still ‘mid-cycle,’ could reach $6,750 by U.S. Midterms: MKS PAMP
• Positive Sentiment: Inflation data (Core PCE) surprised to the upside, renewing safe‑haven and inflation‑hedge demand that benefits GLD’s flows. The Fed’s Favorite Inflation Measure Leapfrogs The CPI
• Positive Sentiment: Geopolitical tension and a softer US dollar continue to prop bullion prices, keeping structural buyer interest in ETFs like GLD intact. Gold and Silver Analysis: Geopolitical Risks and Weak Dollar Drive Bullish Momentum
• Neutral Sentiment: Technical analysis shows key Fibonacci and moving‑average support holding near current levels, which could extend the rally if buyers re‑enter; but it’s conditional on price staying above those zones. Gold (XAU/USD) Price Forecast: Buyers Hold Key Fibonacci Support
• Neutral Sentiment: Silver and platinum strength (technical buying and sector momentum) is supporting precious‑metals ETFs broadly, which can help GLD if the rally resumes. Gold (XAUUSD), Silver, Platinum Forecasts – Silver Soars Above $90.00 As Rally Continues Silver leads gold higher on technical buying
• Negative Sentiment: Near‑term risk: analysts warn bulls need to clear $5,200–$5,300 (spot gold levels referenced in market commentary) or momentum exhaustion and profit‑taking could trigger a deeper pullback, with one call noting a potential drop toward $4,380/oz. That kind of pullback pressures GLD. Gold bulls need to break $5,200 and $5,300 soon or momentum exhaustion could see gold fall as far as $4,380/oz – Forex.com’s Hilal
• Negative Sentiment: Short‑term profit‑taking, position adjustments and intermittent dollar/equity strength have already knocked gold off recent highs, driving short‑term outflows and pressuring GLD intraday. Update: Gold Falls Off a Three-Week High as the Dollar and Equities Rise Gold Edges Higher Amid Possible Position Adjustments

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). 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.