Focus Financial Network Inc. Raises Stock Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Focus Financial Network Inc. lifted its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 0.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 299,066 shares of the company’s stock after buying an additional 1,769 shares during the quarter. Focus Financial Network Inc. owned about 0.21% of abrdn Physical Gold Shares ETF worth $7,492,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in SGOL. Exchange Traded Concepts LLC purchased a new position in abrdn Physical Gold Shares ETF during the third quarter valued at approximately $47,000. FMR LLC increased its stake in shares of abrdn Physical Gold Shares ETF by 18.1% in the third quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares in the last quarter. Allworth Financial LP raised its position in shares of abrdn Physical Gold Shares ETF by 33.3% during the 3rd quarter. Allworth Financial LP now owns 7,418 shares of the company’s stock valued at $186,000 after purchasing an additional 1,853 shares during the period. SeaCrest Wealth Management LLC purchased a new position in shares of abrdn Physical Gold Shares ETF during the 3rd quarter valued at $202,000. Finally, ERn Financial LLC bought a new position in abrdn Physical Gold Shares ETF in the 3rd quarter worth $213,000.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA:SGOL opened at $27.75 on Tuesday. The business’s 50-day simple moving average is $25.73 and its two-hundred day simple moving average is $25.08. abrdn Physical Gold Shares ETF has a 52 week low of $18.97 and a 52 week high of $27.79.

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.