abrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Get Free Report) hit a new 52-week low during mid-day trading on Friday. The company traded as low as $37.35 and last traded at $37.28, with a volume of 267,940 shares changing hands. The stock had previously closed at $38.27.
abrdn Physical Gold Shares ETF Stock Performance
The company has a fifty day simple moving average of $40.67 and a two-hundred day simple moving average of $42.88.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Sound Income Strategies LLC increased its position in shares of abrdn Physical Gold Shares ETF by 97.9% during the first quarter. Sound Income Strategies LLC now owns 831 shares of the company’s stock worth $38,000 after acquiring an additional 411 shares in the last quarter. TD Waterhouse Canada Inc. bought a new stake in abrdn Physical Gold Shares ETF in the 3rd quarter valued at $72,000. NBT Bank N A NY increased its holdings in abrdn Physical Gold Shares ETF by 4,290.2% during the 1st quarter. NBT Bank N A NY now owns 1,800 shares of the company’s stock worth $80,000 after purchasing an additional 1,759 shares in the last quarter. McIlrath & Eck LLC bought a new position in abrdn Physical Gold Shares ETF during the 1st quarter worth about $87,000. Finally, Main Street Group LTD acquired a new stake in shares of abrdn Physical Gold Shares ETF in the 1st quarter valued at about $105,000.
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.
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