IFP Advisors Inc Sells 5,687 Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

IFP Advisors Inc lessened its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,366 shares of the company’s stock after selling 5,687 shares during the quarter. IFP Advisors Inc’s holdings in abrdn Physical Gold Shares ETF were worth $1,437,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in SGOL. Matauro LLC acquired a new stake in abrdn Physical Gold Shares ETF in the 4th quarter worth approximately $2,043,000. Capital Advisory Group Advisory Services LLC raised its position in shares of abrdn Physical Gold Shares ETF by 9.5% in the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 89,622 shares of the company’s stock valued at $2,245,000 after purchasing an additional 7,777 shares during the period. Timber Creek Capital Management LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 2.3% in the fourth quarter. Timber Creek Capital Management LLC now owns 225,409 shares of the company’s stock worth $5,646,000 after buying an additional 5,150 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of abrdn Physical Gold Shares ETF during the 4th quarter worth $2,505,000. Finally, Centerpoint Advisors LLC acquired a new position in abrdn Physical Gold Shares ETF in the 4th quarter valued at $81,000.

abrdn Physical Gold Shares ETF Price Performance

abrdn Physical Gold Shares ETF stock opened at $27.84 on Thursday. abrdn Physical Gold Shares ETF has a fifty-two week low of $19.40 and a fifty-two week high of $28.17. The firm has a fifty day moving average price of $26.34 and a two-hundred day moving average price of $25.47.

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.