IFP Advisors Inc Has $1.44 Million Holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

IFP Advisors Inc decreased its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 9.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 57,366 shares of the company’s stock after selling 5,687 shares during the period. IFP Advisors Inc’s holdings in abrdn Physical Gold Shares ETF were worth $1,437,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Ervin Investment Management LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 30.5% during the fourth quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock worth $2,565,000 after buying an additional 23,910 shares in the last quarter. FMR LLC grew its position in abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after acquiring an additional 652 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in abrdn Physical Gold Shares ETF by 393.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after purchasing an additional 706,134 shares in the last quarter. International Assets Investment Management LLC bought a new position in abrdn Physical Gold Shares ETF in the 3rd quarter valued at $725,000. Finally, Arete Wealth Advisors LLC boosted its stake in abrdn Physical Gold Shares ETF by 9.1% in the third quarter. Arete Wealth Advisors LLC now owns 16,658 shares of the company’s stock worth $418,000 after purchasing an additional 1,393 shares in the last quarter.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $27.84 on Thursday. The business has a fifty day moving average of $26.34 and a 200-day moving average of $25.47. abrdn Physical Gold Shares ETF has a twelve month low of $19.40 and a twelve month high of $28.17.

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.