abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Shares Sold by Nemes Rush Group LLC

Nemes Rush Group LLC decreased its stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 27.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,985 shares of the company’s stock after selling 3,021 shares during the period. Nemes Rush Group LLC’s holdings in abrdn Physical Gold Shares ETF were worth $158,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in SGOL. Keener Financial Planning LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the 4th quarter worth approximately $35,000. Sachetta LLC bought a new stake in abrdn Physical Gold Shares ETF during the 4th quarter valued at $84,000. Headlands Technologies LLC bought a new stake in abrdn Physical Gold Shares ETF during the 4th quarter valued at $85,000. Householder Group Estate & Retirement Specialist LLC raised its stake in abrdn Physical Gold Shares ETF by 108.5% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 5,054 shares of the company’s stock valued at $99,000 after acquiring an additional 2,630 shares in the last quarter. Finally, Allworth Financial LP bought a new stake in abrdn Physical Gold Shares ETF during the 4th quarter valued at $150,000.

abrdn Physical Gold Shares ETF Stock Down 1.3 %

abrdn Physical Gold Shares ETF stock traded down $0.31 during mid-day trading on Wednesday, hitting $22.84. 2,122,956 shares of the company’s stock traded hands, compared to its average volume of 3,346,955. The firm has a 50 day moving average price of $21.98 and a 200 day moving average price of $20.32. abrdn Physical Gold Shares ETF has a one year low of $17.35 and a one year high of $23.30.

abrdn Physical Gold Shares ETF Company 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.