World Investment Advisors LLC Decreases Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

World Investment Advisors LLC decreased its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 7.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 83,792 shares of the company’s stock after selling 6,349 shares during the quarter. World Investment Advisors LLC owned about 0.06% of abrdn Physical Gold Shares ETF worth $2,106,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Quadrature Capital Ltd purchased a new position in abrdn Physical Gold Shares ETF during the third quarter worth $35,703,000. Metis Global Partners LLC boosted its stake in shares of abrdn Physical Gold Shares ETF by 34.6% during the 3rd 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 period. Pure Portfolios Holdings LLC bought a new position in abrdn Physical Gold Shares ETF during the 3rd quarter valued at about $25,415,000. Bank of Montreal Can purchased a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter worth about $20,710,000. Finally, Empowered Funds LLC lifted its stake in 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.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $25.28 on Friday. The business has a 50 day simple moving average of $25.49 and a two-hundred day simple moving average of $24.12. abrdn Physical Gold Shares ETF has a 1 year low of $18.97 and a 1 year high of $26.65.

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.