IFP Advisors Inc Reduces Stock Holdings in abrdn Physical Gold Shares ETF $SGOL

IFP Advisors Inc reduced its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 6.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,965 shares of the company’s stock after selling 3,252 shares during the period. IFP Advisors Inc’s holdings in abrdn Physical Gold Shares ETF were worth $1,607,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SGOL. Matauro LLC increased its stake in abrdn Physical Gold Shares ETF by 1.5% in the first quarter. Matauro LLC now owns 82,739 shares of the company’s stock valued at $2,467,000 after purchasing an additional 1,199 shares during the last quarter. Trust Co. of Toledo NA OH increased its stake in abrdn Physical Gold Shares ETF by 8.1% in the first quarter. Trust Co. of Toledo NA OH now owns 42,615 shares of the company’s stock valued at $1,271,000 after purchasing an additional 3,175 shares during the last quarter. Cushing Capital Partners LLC purchased a new position in abrdn Physical Gold Shares ETF in the first quarter valued at approximately $242,000. Roman Butler Fullerton & Co. increased its stake in abrdn Physical Gold Shares ETF by 25.1% in the first quarter. Roman Butler Fullerton & Co. now owns 17,193 shares of the company’s stock valued at $530,000 after purchasing an additional 3,446 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of abrdn Physical Gold Shares ETF by 85.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 103,130 shares of the company’s stock worth $3,075,000 after acquiring an additional 47,593 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $38.24 on Friday. The company’s 50 day simple moving average is $34.26 and its 200-day simple moving average is $32.39. abrdn Physical Gold Shares ETF has a 12-month low of $24.41 and a 12-month high of $38.71.

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.