Foresight Capital Management Advisors Inc. Acquires New Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Foresight Capital Management Advisors Inc. acquired a new stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,897 shares of the company’s stock, valued at approximately $1,100,000.

Several other large investors also recently added to or reduced their stakes in the business. Metis Global Partners LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 34.6% in the third quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock worth $117,050,000 after buying an additional 1,197,086 shares during the period. Quadrature Capital Ltd purchased a new position in shares of abrdn Physical Gold Shares ETF in the third quarter worth about $35,703,000. Envestnet Asset Management Inc. increased its holdings in shares of abrdn Physical Gold Shares ETF by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 1,298,524 shares of the company’s stock worth $28,853,000 after buying an additional 38,433 shares during the period. Pure Portfolios Holdings LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the third quarter worth about $25,415,000. Finally, 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 during the period.

abrdn Physical Gold Shares ETF Stock Performance

Shares of NYSEARCA:SGOL opened at $25.73 on Thursday. abrdn Physical Gold Shares ETF has a 1 year low of $18.97 and a 1 year high of $26.65. The stock’s 50-day moving average is $25.21 and its 200 day moving average is $24.59.

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.