28,302 Shares in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Bought by Elevate Capital Advisors LLC

Elevate Capital Advisors LLC bought a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 28,302 shares of the company’s stock, valued at approximately $709,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SGOL. Exchange Traded Concepts LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the 3rd quarter valued at about $47,000. FMR LLC grew its holdings in abrdn Physical Gold Shares ETF by 18.1% during 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 last quarter. Allworth Financial LP grew its holdings in abrdn Physical Gold Shares ETF by 33.3% during the third quarter. Allworth Financial LP now owns 7,418 shares of the company’s stock valued at $186,000 after purchasing an additional 1,853 shares during the last quarter. SeaCrest Wealth Management LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the third quarter valued at approximately $202,000. Finally, ERn Financial LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter worth $213,000.

abrdn Physical Gold Shares ETF Trading Up 0.1 %

NYSEARCA:SGOL opened at $27.30 on Monday. abrdn Physical Gold Shares ETF has a 1 year low of $18.97 and a 1 year high of $27.56. The firm’s fifty day simple moving average is $25.68 and its 200 day simple moving average is $25.04.

About abrdn Physical Gold Shares ETF

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.