Empowered Funds LLC Reduces Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Empowered Funds LLC lowered its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 71.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 181,954 shares of the company’s stock after selling 451,319 shares during the period. Empowered Funds LLC owned 0.13% of abrdn Physical Gold Shares ETF worth $4,558,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Ervin Investment Management LLC boosted its position in abrdn Physical Gold Shares ETF by 30.5% during the fourth quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock worth $2,565,000 after purchasing an additional 23,910 shares during the period. FMR LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after buying an additional 652 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in abrdn Physical Gold Shares ETF by 393.3% in the 3rd 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 during the period. International Assets Investment Management LLC purchased a new position in abrdn Physical Gold Shares ETF in the 3rd quarter valued at approximately $725,000. Finally, Foundations Investment Advisors LLC raised its holdings in abrdn Physical Gold Shares ETF by 24.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,478,000 after acquiring an additional 11,601 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

NYSEARCA:SGOL opened at $27.65 on Wednesday. abrdn Physical Gold Shares ETF has a 1 year low of $18.97 and a 1 year high of $27.79. The stock’s fifty day moving average price is $25.78 and its two-hundred day moving average price is $25.11.

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.