Atomi Financial Group Inc. Purchases 12,609 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Atomi Financial Group Inc. boosted its position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 18.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,895 shares of the company’s stock after purchasing an additional 12,609 shares during the quarter. Atomi Financial Group Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $2,051,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Metis Global Partners LLC increased its stake in 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 valued at $117,050,000 after purchasing an additional 1,197,086 shares in the last quarter. Quadrature Capital Ltd purchased a new position in shares of abrdn Physical Gold Shares ETF in the 3rd quarter worth $35,703,000. Pure Portfolios Holdings LLC bought a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter valued at about $25,415,000. JPMorgan Chase & Co. grew its position in 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 valued at $22,257,000 after buying an additional 706,134 shares during the period. Finally, Bank of Montreal Can bought a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter valued at $20,710,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $25.77 on Tuesday. abrdn Physical Gold Shares ETF has a 52 week low of $18.97 and a 52 week high of $26.65. The business has a 50-day simple moving average of $25.23 and a two-hundred day simple moving average of $24.68.

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.