C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $2.51 Million in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 100,000 shares of the company’s stock, valued at approximately $2,505,000.

Several other hedge funds have also added to or reduced their stakes in the business. Exchange Traded Concepts LLC acquired a new position in shares of abrdn Physical Gold Shares ETF during the third quarter worth $47,000. FMR LLC raised its position in abrdn Physical Gold Shares ETF by 18.1% during the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock worth $107,000 after purchasing an additional 652 shares during the last quarter. Allworth Financial LP lifted its holdings in abrdn Physical Gold Shares ETF by 33.3% during the 3rd quarter. Allworth Financial LP now owns 7,418 shares of the company’s stock worth $186,000 after buying an additional 1,853 shares during the period. SeaCrest Wealth Management LLC bought a new stake in shares of abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $202,000. Finally, ERn Financial LLC acquired a new stake in shares of abrdn Physical Gold Shares ETF in the third quarter valued at about $213,000.

abrdn Physical Gold Shares ETF Stock Performance

Shares of SGOL opened at $27.69 on Thursday. The business has a 50-day moving average of $25.83 and a 200-day moving average of $25.13. abrdn Physical Gold Shares ETF has a 1 year low of $18.97 and a 1 year high of $27.79.

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.