abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Position Raised by Metis Global Partners LLC

Metis Global Partners LLC lifted its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,723,094 shares of the company’s stock after buying an additional 65,295 shares during the quarter. abrdn Physical Gold Shares ETF makes up approximately 3.6% of Metis Global Partners LLC’s portfolio, making the stock its 5th biggest holding. Metis Global Partners LLC owned approximately 3.37% of abrdn Physical Gold Shares ETF worth $118,314,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SGOL. Proficio Capital Partners LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 2,405.0% in the fourth quarter. Proficio Capital Partners LLC now owns 3,016,596 shares of the company’s stock worth $75,566,000 after buying an additional 2,896,173 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter worth about $35,703,000. Bank of Montreal Can purchased a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter worth about $20,710,000. JPMorgan Chase & Co. lifted its holdings in shares of abrdn Physical Gold Shares ETF by 393.3% in the third quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock worth $22,257,000 after buying an additional 706,134 shares in the last quarter. Finally, Stonebridge Financial Group LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF in the fourth quarter worth about $11,128,000.

abrdn Physical Gold Shares ETF Stock Performance

SGOL stock opened at $27.26 on Friday. The company’s 50 day moving average is $26.39 and its 200 day moving average is $25.48. abrdn Physical Gold Shares ETF has a 1-year low of $19.53 and a 1-year high of $28.17.

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.