Liquid Strategies LLC Has $7.25 Million Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Liquid Strategies LLC lessened its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 22.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 289,371 shares of the company’s stock after selling 82,840 shares during the quarter. abrdn Physical Gold Shares ETF accounts for 1.5% of Liquid Strategies LLC’s portfolio, making the stock its 8th biggest holding. Liquid Strategies LLC owned 0.21% of abrdn Physical Gold Shares ETF worth $7,249,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SGOL. Quadrature Capital Ltd purchased a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter worth $35,703,000. Metis Global Partners LLC grew its position in abrdn Physical Gold Shares ETF by 34.6% in the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock worth $117,050,000 after acquiring an additional 1,197,086 shares in the last quarter. Pure Portfolios Holdings LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth approximately $25,415,000. Bank of Montreal Can purchased a new position in abrdn Physical Gold Shares ETF during the third quarter worth $20,710,000. Finally, JPMorgan Chase & Co. grew its holdings in abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after purchasing an additional 706,134 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Up 0.6 %

SGOL opened at $26.45 on Friday. The stock’s 50 day moving average price is $25.37 and its 200-day moving average price is $24.75. abrdn Physical Gold Shares ETF has a one year low of $18.97 and a one year high of $26.65.

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.