Jamison Private Wealth Management Inc. Takes $568,000 Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Jamison Private Wealth Management Inc. bought a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the 4th quarter, Holdings Channel.com reports. The firm bought 22,670 shares of the company’s stock, valued at approximately $568,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Quadrature Capital Ltd acquired a new position in abrdn Physical Gold Shares ETF in the 3rd 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 valued at $117,050,000 after buying an additional 1,197,086 shares during the last quarter. Pure Portfolios Holdings LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF during the third quarter worth approximately $25,415,000. Bank of Montreal Can bought a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter worth $20,710,000. Finally, JPMorgan Chase & Co. raised its holdings in abrdn Physical Gold Shares ETF by 393.3% in the third quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after acquiring an additional 706,134 shares in the last quarter.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL stock opened at $26.45 on Friday. The firm has a fifty day moving average of $25.37 and a two-hundred day moving average of $24.77. 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.