Go Invest LLC Buys New Stake in abrdn Physical Gold Shares ETF $SGOL

Go Invest LLC purchased a new position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 135,974 shares of the company’s stock, valued at approximately $5,379,000. abrdn Physical Gold Shares ETF accounts for about 1.1% of Go Invest LLC’s investment portfolio, making the stock its 9th biggest position. Go Invest LLC owned about 0.08% of abrdn Physical Gold Shares ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake in abrdn Physical Gold Shares ETF by 31.7% in the third quarter. Farther Finance Advisors LLC now owns 33,306 shares of the company’s stock valued at $1,318,000 after buying an additional 8,023 shares during the last quarter. Valeo Financial Advisors LLC grew its position in shares of abrdn Physical Gold Shares ETF by 24.0% during the third quarter. Valeo Financial Advisors LLC now owns 8,493 shares of the company’s stock worth $336,000 after acquiring an additional 1,643 shares during the last quarter. City Center Advisors LLC grew its position in shares of abrdn Physical Gold Shares ETF by 13.8% during the third quarter. City Center Advisors LLC now owns 13,803 shares of the company’s stock worth $546,000 after acquiring an additional 1,675 shares during the last quarter. Cooper Financial Group increased its holdings in shares of abrdn Physical Gold Shares ETF by 74.1% in the 3rd quarter. Cooper Financial Group now owns 59,757 shares of the company’s stock worth $2,364,000 after acquiring an additional 25,441 shares during the period. Finally, Worth Asset Management LLC lifted its position in abrdn Physical Gold Shares ETF by 128.0% in the 3rd quarter. Worth Asset Management LLC now owns 55,034 shares of the company’s stock valued at $2,177,000 after purchasing an additional 30,899 shares during the last quarter.

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $39.31 on Friday. abrdn Physical Gold Shares ETF has a 52-week low of $37.31 and a 52-week high of $52.84. The firm has a 50-day moving average price of $41.26 and a two-hundred day moving average price of $41.69.

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.