Metis Global Partners LLC Buys 1,197,086 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Metis Global Partners LLC boosted its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 34.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,657,799 shares of the company’s stock after purchasing an additional 1,197,086 shares during the period. abrdn Physical Gold Shares ETF makes up about 3.6% of Metis Global Partners LLC’s portfolio, making the stock its 5th largest holding. Metis Global Partners LLC owned 3.32% of abrdn Physical Gold Shares ETF worth $117,050,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pure Portfolios Holdings LLC bought a new stake in abrdn Physical Gold Shares ETF in the third quarter worth approximately $25,415,000. Liquid Strategies LLC bought a new stake in abrdn Physical Gold Shares ETF in the second quarter worth $7,263,000. Cetera Investment Advisers increased its position in abrdn Physical Gold Shares ETF by 293.6% during the first quarter. Cetera Investment Advisers now owns 388,069 shares of the company’s stock worth $8,243,000 after buying an additional 289,465 shares during the last quarter. Worth Asset Management LLC raised its holdings in abrdn Physical Gold Shares ETF by 801.0% during the second quarter. Worth Asset Management LLC now owns 191,930 shares of the company’s stock valued at $4,265,000 after buying an additional 170,627 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of abrdn Physical Gold Shares ETF by 56.1% in the first quarter. Jane Street Group LLC now owns 366,625 shares of the company’s stock worth $7,787,000 after buying an additional 131,757 shares during the last quarter.

abrdn Physical Gold Shares ETF Trading Down 0.7 %

SGOL opened at $24.40 on Thursday. The stock has a 50-day moving average of $25.30 and a 200-day moving average of $23.68. abrdn Physical Gold Shares ETF has a 52-week low of $18.71 and a 52-week high of $26.65.

abrdn Physical Gold Shares ETF Profile

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.