abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 393.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 885,680 shares of the company’s stock after purchasing an additional 706,134 shares during the period. JPMorgan Chase & Co. owned approximately 0.63% of abrdn Physical Gold Shares ETF worth $22,257,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Metis Global Partners LLC increased its holdings in shares of 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 valued at $117,050,000 after buying an additional 1,197,086 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter valued at $35,703,000. Envestnet Asset Management Inc. lifted its holdings in shares of abrdn Physical Gold Shares ETF by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock valued at $28,853,000 after purchasing an additional 38,433 shares during the last quarter. Pure Portfolios Holdings LLC acquired a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at $25,415,000. Finally, Bank of Montreal Can purchased a new position in abrdn Physical Gold Shares ETF in the 3rd quarter worth about $20,710,000.

abrdn Physical Gold Shares ETF Stock Up 0.5 %

SGOL stock opened at $25.42 on Thursday. abrdn Physical Gold Shares ETF has a one year low of $18.97 and a one year high of $26.65. The firm has a 50-day moving average of $25.26 and a two-hundred day moving average of $24.47.

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.