Silver Oak Securities Incorporated Takes $955,000 Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Silver Oak Securities Incorporated purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOLFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 38,350 shares of the company’s stock, valued at approximately $955,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Quadrature Capital Ltd purchased a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter valued at about $35,703,000. Metis Global Partners LLC increased its position in abrdn Physical Gold Shares ETF by 34.6% in the 3rd quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock valued at $117,050,000 after acquiring an additional 1,197,086 shares during the period. Pure Portfolios Holdings LLC purchased a new stake in abrdn Physical Gold Shares ETF during the 3rd quarter valued at approximately $25,415,000. Bank of Montreal Can acquired a new stake in abrdn Physical Gold Shares ETF during the 3rd quarter worth approximately $20,710,000. Finally, JPMorgan Chase & Co. grew its stake in shares of abrdn Physical Gold Shares ETF by 393.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after purchasing an additional 706,134 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA:SGOL opened at $27.27 on Friday. abrdn Physical Gold Shares ETF has a 12-month low of $18.97 and a 12-month high of $27.51. The stock’s 50 day simple moving average is $25.64 and its 200-day simple moving average is $24.98.

abrdn Physical Gold Shares ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SGOL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for abrdn Physical Gold Shares ETF (NYSEARCA:SGOLFree Report).

Institutional Ownership by Quarter for abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

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