JPMorgan Chase & Co. Has $151.98 Million Stock Position in abrdn Physical Gold Shares ETF $SGOL

JPMorgan Chase & Co. reduced its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 8.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,128,814 shares of the company’s stock after selling 378,479 shares during the period. JPMorgan Chase & Co.’s holdings in abrdn Physical Gold Shares ETF were worth $151,982,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. HighTower Advisors LLC grew its position in abrdn Physical Gold Shares ETF by 0.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,865,275 shares of the company’s stock worth $68,661,000 after purchasing an additional 15,245 shares in the last quarter. Metis Global Partners LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 26.7% in the third quarter. Metis Global Partners LLC now owns 6,808,591 shares of the company’s stock valued at $250,624,000 after purchasing an additional 1,434,787 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in shares of abrdn Physical Gold Shares ETF by 27.3% in the third quarter. Stratos Wealth Partners LTD. now owns 44,967 shares of the company’s stock worth $1,655,000 after buying an additional 9,640 shares during the period. Wealthfront Advisers LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the third quarter valued at $663,000. Finally, Prospera Financial Services Inc grew its holdings in shares of abrdn Physical Gold Shares ETF by 3.9% during the third quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock valued at $343,000 after buying an additional 347 shares in the last quarter.

abrdn Physical Gold Shares ETF News Summary

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

• Positive Sentiment: Geopolitical risk and safe‑haven flows: Multiple reports cite escalating U.S.‑Iran tensions that lifted safe‑haven demand and pushed gold to new session highs, a primary driver for inflows into SGOL. Wall Street bears turn tail after gold rises to $5,100/oz, Main Street bullishness unchanged as Iran tensions mount
• Positive Sentiment: Bullish price action — gold reclaimed $5,000 and held above that level, reinforcing investor confidence in bullion exposure like SGOL. Gold reclaims $5,000 as Middle East tensions boost safe-haven demand
• Positive Sentiment: Session highs and technical breakout signs: spot gold spiked above $5,060 and several technical studies (ABCD patterns, moving‑average reclaim) signal further upside — supportive for short‑term momentum in SGOL. Spot gold shoots session high above $5,060/oz as flash S&P PMI worst in 10 months
• Positive Sentiment: Analyst bullish forecasts: FXEmpire and other forecasters highlight bullish reversal signals and higher targets (e.g., toward $5,345 and beyond), encouraging risk‑off positioning into gold ETFs. Gold (XAU/USD) Price Forecast: Bullish Reversal Signals Further Gains
• Positive Sentiment: Macro backdrop supporting safe‑haven demand — weaker flash PMIs and shifting rate‑cut odds (slower pace of cuts) have pushed some investors into gold as a hedge. Gold (XAUUSD) & Silver Price Forecast: $5,000 Holds as Silver Eyes $85 Breakout?
• Neutral Sentiment: Technical noise and consolidation: several market analyses note that $5,000 is a psychologically important level and the market may chop around it — implying potential short‑term volatility for SGOL rather than a clear trend. Gold Price Analysis – Gold Continues to Chop at Large Figure
• Negative Sentiment: Short‑term technical/interest‑rate pressure: some analysts warn of a bearish bias if gold fails to hold above short‑term averages (20‑day), and hawkish Fed minutes or stronger U.S. data could reverse flows away from gold. Gold (XAU/USD) Price Forecast: Bearish Bias Persists Below Key Average

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA:SGOL opened at $48.57 on Friday. The business’s fifty day moving average price is $44.87 and its 200 day moving average price is $39.60. abrdn Physical Gold Shares ETF has a 1-year low of $27.02 and a 1-year high of $52.84.

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.