abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Reaches New 52-Week High – Time to Buy?

Shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOLGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $45.27 and last traded at $45.15, with a volume of 1114982 shares traded. The stock had previously closed at $43.67.

abrdn Physical Gold Shares ETF News Roundup

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

abrdn Physical Gold Shares ETF Stock Performance

The stock’s 50-day moving average is $41.10 and its 200-day moving average is $37.01.

Institutional Trading of abrdn Physical Gold Shares ETF

Several large investors have recently made changes to their positions in SGOL. Crewe Advisors LLC bought a new stake in abrdn Physical Gold Shares ETF in the 2nd quarter valued at about $27,000. Sound Income Strategies LLC acquired a new stake in abrdn Physical Gold Shares ETF in the third quarter valued at approximately $34,000. Ameritas Advisory Services LLC bought a new stake in shares of abrdn Physical Gold Shares ETF during the second quarter valued at approximately $28,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of abrdn Physical Gold Shares ETF during the third quarter worth approximately $37,000. Finally, Anfield Capital Management LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the third quarter worth approximately $37,000.

About abrdn Physical Gold Shares ETF

(Get Free Report)

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.

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