Lifeworks Advisors LLC Makes New Investment in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Lifeworks Advisors LLC bought a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 134,756 shares of the company’s stock, valued at approximately $3,386,000.

A number of other institutional investors have also made changes to their positions in the business. Sunbelt Securities Inc. bought a new stake in abrdn Physical Gold Shares ETF during the 2nd quarter worth about $26,000. Center for Financial Planning Inc. bought a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter valued at approximately $47,000. Exchange Traded Concepts LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter valued at approximately $47,000. GPS Wealth Strategies Group LLC bought a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $152,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $184,000.

abrdn Physical Gold Shares ETF Stock Down 0.3 %

Shares of NYSEARCA SGOL traded down $0.08 during midday trading on Thursday, hitting $24.50. The stock had a trading volume of 513,261 shares, compared to its average volume of 3,372,892. abrdn Physical Gold Shares ETF has a fifty-two week low of $18.71 and a fifty-two week high of $26.65. The company’s 50-day simple moving average is $25.30 and its 200 day simple moving average is $23.68.

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.