Koshinski Asset Management Inc. Cuts Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Koshinski Asset Management Inc. reduced its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 7.9% in the fourth quarter, Holdings Channel reports. The firm owned 10,551 shares of the company’s stock after selling 900 shares during the quarter. Koshinski Asset Management Inc.’s holdings in abrdn Physical Gold Shares ETF were worth $264,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Metis Global Partners LLC lifted its holdings in shares of abrdn Physical Gold Shares ETF by 34.6% during the 3rd quarter. Metis Global Partners LLC now owns 4,657,799 shares of the company’s stock valued at $117,050,000 after buying an additional 1,197,086 shares during the period. Quadrature Capital Ltd purchased a new stake in abrdn Physical Gold Shares ETF during the third quarter valued at $35,703,000. Pure Portfolios Holdings LLC bought a new position in abrdn Physical Gold Shares ETF in the third quarter valued at about $25,415,000. JPMorgan Chase & Co. boosted its position in abrdn Physical Gold Shares ETF by 393.3% in the third quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock worth $22,257,000 after purchasing an additional 706,134 shares during the last quarter. Finally, Bank of Montreal Can bought a new stake in shares of abrdn Physical Gold Shares ETF during the 3rd quarter valued at about $20,710,000.

abrdn Physical Gold Shares ETF Stock Down 0.1 %

NYSEARCA SGOL opened at $26.28 on Friday. The company has a 50-day moving average price of $25.33 and a 200-day moving average price of $24.72. abrdn Physical Gold Shares ETF has a 52 week low of $18.97 and a 52 week high of $26.65.

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.