Ervin Investment Management LLC Raises Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Ervin Investment Management LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 30.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 102,385 shares of the company’s stock after acquiring an additional 23,910 shares during the period. abrdn Physical Gold Shares ETF makes up approximately 1.7% of Ervin Investment Management LLC’s investment portfolio, making the stock its 15th largest holding. Ervin Investment Management LLC’s holdings in abrdn Physical Gold Shares ETF were worth $2,565,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Metis Global Partners LLC grew its stake in shares of abrdn Physical Gold Shares ETF by 34.6% during the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock worth $117,050,000 after acquiring an additional 1,197,086 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter worth about $35,703,000. Envestnet Asset Management Inc. grew its stake 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 worth $28,853,000 after acquiring an additional 38,433 shares during the last quarter. Pure Portfolios Holdings LLC purchased a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter worth about $25,415,000. Finally, JPMorgan Chase & Co. grew its stake in shares of abrdn Physical Gold Shares ETF by 393.3% during the third quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock worth $22,257,000 after acquiring an additional 706,134 shares during the last quarter.

abrdn Physical Gold Shares ETF Stock Down 0.6 %

abrdn Physical Gold Shares ETF stock opened at $25.77 on Monday. abrdn Physical Gold Shares ETF has a 52 week low of $18.97 and a 52 week high of $26.65. The stock has a 50-day moving average price of $25.22 and a 200 day moving average price of $24.66.

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.