Crewe Advisors LLC Makes New Investment in abrdn Physical Gold Shares ETF $SGOL

Crewe Advisors LLC acquired a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 864 shares of the company’s stock, valued at approximately $27,000.

Other large investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new stake in abrdn Physical Gold Shares ETF during the first quarter valued at about $291,000. Oppenheimer & Co. Inc. purchased a new stake in abrdn Physical Gold Shares ETF during the 1st quarter valued at about $230,000. Envestnet Portfolio Solutions Inc. grew its position in abrdn Physical Gold Shares ETF by 85.7% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 103,130 shares of the company’s stock worth $3,075,000 after acquiring an additional 47,593 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $28,000. Finally, M&T Bank Corp bought a new stake in abrdn Physical Gold Shares ETF in the first quarter valued at approximately $206,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of abrdn Physical Gold Shares ETF stock opened at $41.74 on Tuesday. abrdn Physical Gold Shares ETF has a 52-week low of $24.41 and a 52-week high of $41.77. The company’s 50 day moving average price is $35.24 and its 200-day moving average price is $32.86.

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.