abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Inspire Advisors LLC

Inspire Advisors LLC decreased its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 27.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 224,750 shares of the company’s stock after selling 87,116 shares during the quarter. abrdn Physical Gold Shares ETF makes up approximately 0.7% of Inspire Advisors LLC’s holdings, making the stock its 14th biggest holding. Inspire Advisors LLC owned 0.16% of abrdn Physical Gold Shares ETF worth $5,648,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SGOL. Terra Nova Asset Management LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 3.2% in the third quarter. Terra Nova Asset Management LLC now owns 54,211 shares of the company’s stock valued at $1,362,000 after purchasing an additional 1,673 shares during the period. SeaCrest Wealth Management LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter valued at approximately $202,000. ERn Financial LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter valued at approximately $213,000. Aspect Partners LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 30.8% in the third quarter. Aspect Partners LLC now owns 95,415 shares of the company’s stock valued at $2,398,000 after purchasing an additional 22,470 shares during the period. Finally, Fiduciary Alliance LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 1.4% in the third quarter. Fiduciary Alliance LLC now owns 220,650 shares of the company’s stock valued at $5,545,000 after purchasing an additional 3,119 shares during the period.

abrdn Physical Gold Shares ETF Price Performance

Shares of NYSEARCA:SGOL traded up $0.23 during trading hours on Friday, hitting $25.93. The stock had a trading volume of 1,219,700 shares, compared to its average volume of 3,367,126. The stock’s fifty day simple moving average is $24.51 and its 200 day simple moving average is $23.21. abrdn Physical Gold Shares ETF has a 1-year low of $18.48 and a 1-year high of $25.98.

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.