Crewe Advisors LLC Takes $27,000 Position in abrdn Physical Gold Shares ETF $SGOL

Crewe Advisors LLC acquired a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 864 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of abrdn Physical Gold Shares ETF by 85.7% in 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 period. Advisor Resource Council bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter worth about $259,000. Flagship Harbor Advisors LLC purchased a new position in abrdn Physical Gold Shares ETF during the 1st quarter valued at about $291,000. XML Financial LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 12.7% in the first quarter. XML Financial LLC now owns 17,700 shares of the company’s stock worth $528,000 after buying an additional 2,000 shares in the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in abrdn Physical Gold Shares ETF in the 1st quarter valued at $230,000.

abrdn Physical Gold Shares ETF Trading Up 3.6%

Shares of SGOL opened at $41.74 on Tuesday. The stock has a 50-day moving average price of $35.24 and a 200-day moving average price of $32.86. abrdn Physical Gold Shares ETF has a 12-month low of $24.41 and a 12-month high of $41.77.

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.