Foresight Capital Management Advisors Inc. Has $1.27 Million Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Foresight Capital Management Advisors Inc. cut its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 2.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 42,649 shares of the company’s stock after selling 1,248 shares during the quarter. Foresight Capital Management Advisors Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $1,272,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Metis Global Partners LLC grew its position in shares of abrdn Physical Gold Shares ETF by 1.4% in the 4th quarter. Metis Global Partners LLC now owns 4,723,094 shares of the company’s stock valued at $118,314,000 after purchasing an additional 65,295 shares during the period. Bank of America Corp DE grew its position in shares of abrdn Physical Gold Shares ETF by 3.2% in the 4th quarter. Bank of America Corp DE now owns 3,442,497 shares of the company’s stock valued at $86,235,000 after purchasing an additional 107,640 shares during the period. Proficio Capital Partners LLC grew its position in shares of abrdn Physical Gold Shares ETF by 2,405.0% in the 4th quarter. Proficio Capital Partners LLC now owns 3,016,596 shares of the company’s stock valued at $75,566,000 after purchasing an additional 2,896,173 shares during the period. Wells Fargo & Company MN grew its position in shares of abrdn Physical Gold Shares ETF by 25.5% in the 4th quarter. Wells Fargo & Company MN now owns 2,746,627 shares of the company’s stock valued at $68,803,000 after purchasing an additional 557,840 shares during the period. Finally, LPL Financial LLC grew its position in shares of abrdn Physical Gold Shares ETF by 51.2% in the 4th quarter. LPL Financial LLC now owns 1,368,033 shares of the company’s stock valued at $34,269,000 after purchasing an additional 463,144 shares during the period.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $31.75 on Wednesday. The stock has a 50 day simple moving average of $31.20 and a 200 day simple moving average of $28.29. abrdn Physical Gold Shares ETF has a 52-week low of $21.92 and a 52-week high of $32.87.

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.