abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Financial Advocates Investment Management

Financial Advocates Investment Management lessened its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 45,458 shares of the company’s stock after selling 1,067 shares during the period. Financial Advocates Investment Management’s holdings in abrdn Physical Gold Shares ETF were worth $1,139,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Ervin Investment Management LLC raised its holdings in abrdn Physical Gold Shares ETF by 30.5% in the 4th quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock valued at $2,565,000 after acquiring an additional 23,910 shares during the last quarter. FMR LLC grew its position in shares of abrdn Physical Gold Shares ETF by 18.1% in the third quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after purchasing an additional 652 shares during the period. International Assets Investment Management LLC acquired a new position in abrdn Physical Gold Shares ETF in the third quarter valued at $725,000. JPMorgan Chase & Co. increased its stake in shares of abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after acquiring an additional 706,134 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 24.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock worth $1,478,000 after acquiring an additional 11,601 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

abrdn Physical Gold Shares ETF stock opened at $27.30 on Friday. abrdn Physical Gold Shares ETF has a 1 year low of $18.97 and a 1 year high of $27.56. The firm has a 50 day moving average price of $25.68 and a 200 day moving average price of $25.01.

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.