Quadrature Capital Ltd acquired a new position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 1,421,303 shares of the company’s stock, valued at approximately $35,703,000. abrdn Physical Gold Shares ETF accounts for about 0.8% of Quadrature Capital Ltd’s investment portfolio, making the stock its 27th biggest holding.
Several other institutional investors also recently modified their holdings of SGOL. Metis Global Partners LLC increased its position 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 worth $117,050,000 after purchasing an additional 1,197,086 shares during the last quarter. Pure Portfolios Holdings LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the third quarter worth approximately $25,415,000. Bank of Montreal Can bought a new position in shares of abrdn Physical Gold Shares ETF in the third quarter worth approximately $20,710,000. Empowered Funds LLC increased its position in shares of abrdn Physical Gold Shares ETF by 213.9% in the third quarter. Empowered Funds LLC now owns 633,273 shares of the company’s stock worth $15,914,000 after purchasing an additional 431,540 shares during the last quarter. Finally, Liquid Strategies LLC bought a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth approximately $7,263,000.
abrdn Physical Gold Shares ETF Stock Performance
SGOL stock opened at $25.31 on Thursday. The company’s 50 day moving average is $25.48 and its 200 day moving average is $23.98. abrdn Physical Gold Shares ETF has a 1-year low of $18.90 and a 1-year high of $26.65.
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.
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