Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Free Report) by 32.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 301,100 shares of the company’s stock after purchasing an additional 73,500 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.21% of abrdn Physical Gold Shares ETF worth $7,494,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SGOL. Metis Global Partners LLC grew its holdings in abrdn Physical Gold Shares ETF by 34.6% in the 3rd 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 acquired a new position in shares of abrdn Physical Gold Shares ETF in the third quarter valued at about $35,703,000. Pure Portfolios Holdings LLC bought a new position in abrdn Physical Gold Shares ETF during the third quarter worth about $25,415,000. JPMorgan Chase & Co. raised its stake 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 purchasing an additional 706,134 shares in the last quarter. Finally, Bank of Montreal Can bought a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $20,710,000.
abrdn Physical Gold Shares ETF Stock Up 0.1 %
Shares of SGOL opened at $27.30 on Friday. abrdn Physical Gold Shares ETF has a 12 month low of $18.97 and a 12 month high of $27.56. The firm’s 50 day moving average is $25.68 and its 200-day moving average is $25.01.
About abrdn Physical Gold Shares ETF
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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