Proficio Capital Partners LLC Boosts Stock Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Proficio Capital Partners LLC lifted its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2,405.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,016,596 shares of the company’s stock after purchasing an additional 2,896,173 shares during the period. Proficio Capital Partners LLC owned 2.15% of abrdn Physical Gold Shares ETF worth $75,566,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Ervin Investment Management LLC boosted 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 purchasing an additional 23,910 shares during the period. FMR LLC lifted its holdings in abrdn Physical Gold Shares ETF by 18.1% in the third quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after buying an additional 652 shares during the period. JPMorgan Chase & Co. lifted 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 worth $22,257,000 after buying an additional 706,134 shares during the period. International Assets Investment Management LLC purchased a new stake in abrdn Physical Gold Shares ETF in the third quarter worth about $725,000. Finally, Arete Wealth Advisors LLC lifted its holdings 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 buying an additional 1,393 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $27.42 on Friday. abrdn Physical Gold Shares ETF has a one year low of $19.41 and a one year high of $28.17. The company has a 50-day simple moving average of $26.39 and a two-hundred day simple moving average of $25.48.

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.