Avestar Capital LLC Acquires Shares of 109,855 abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Avestar Capital LLC bought a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 109,855 shares of the company’s stock, valued at approximately $2,752,000. Avestar Capital LLC owned approximately 0.08% of abrdn Physical Gold Shares ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in abrdn Physical Gold Shares ETF during the fourth quarter worth $2,505,000. Stonebridge Financial Group LLC bought a new position in abrdn Physical Gold Shares ETF in the 4th quarter valued at $11,128,000. Focus Financial Network Inc. increased its position in shares of abrdn Physical Gold Shares ETF by 0.6% during the 4th quarter. Focus Financial Network Inc. now owns 299,066 shares of the company’s stock valued at $7,492,000 after purchasing an additional 1,769 shares during the last quarter. Elevate Capital Advisors LLC bought a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $709,000. Finally, Capital Management Associates Inc raised its stake in shares of abrdn Physical Gold Shares ETF by 2.7% during the 4th quarter. Capital Management Associates Inc now owns 341,538 shares of the company’s stock worth $8,556,000 after purchasing an additional 8,900 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

SGOL opened at $27.69 on Thursday. abrdn Physical Gold Shares ETF has a fifty-two week low of $18.97 and a fifty-two week high of $27.79. The firm has a 50-day moving average of $25.83 and a 200 day moving average of $25.13.

abrdn Physical Gold Shares ETF Company 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.