Envestnet Portfolio Solutions Inc. lowered its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 88.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 11,496 shares of the company’s stock after selling 91,634 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $363,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new position in abrdn Physical Gold Shares ETF during the second quarter valued at approximately $28,000. UMB Bank n.a. purchased a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $41,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in abrdn Physical Gold Shares ETF by 217.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,825 shares of the company’s stock worth $58,000 after buying an additional 1,250 shares in the last quarter. Main Street Group LTD grew its stake in abrdn Physical Gold Shares ETF by 96.2% in the 2nd quarter. Main Street Group LTD now owns 2,345 shares of the company’s stock worth $74,000 after buying an additional 1,150 shares in the last quarter. Finally, Costello Asset Management INC purchased a new position in abrdn Physical Gold Shares ETF in the 1st quarter worth approximately $75,000.
abrdn Physical Gold Shares ETF Price Performance
SGOL stock opened at $39.10 on Thursday. abrdn Physical Gold Shares ETF has a one year low of $24.41 and a one year high of $41.77. The firm has a 50 day simple moving average of $35.52 and a two-hundred day simple moving average of $32.95.
abrdn Physical Gold Shares ETF 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.
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