Main Street Group LTD Takes $30,000 Position in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Main Street Group LTD purchased a new stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,195 shares of the company’s stock, valued at approximately $30,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. boosted its position in shares of abrdn Physical Gold Shares ETF by 1.7% during the third quarter. Franklin Resources Inc. now owns 262,379 shares of the company’s stock worth $6,646,000 after purchasing an additional 4,382 shares in the last quarter. Trust Co. of Toledo NA OH lifted its holdings in abrdn Physical Gold Shares ETF by 54.9% during the fourth quarter. Trust Co. of Toledo NA OH now owns 39,440 shares of the company’s stock worth $988,000 after acquiring an additional 13,975 shares in the last quarter. 180 Wealth Advisors LLC increased its holdings in shares of abrdn Physical Gold Shares ETF by 2.0% in the fourth quarter. 180 Wealth Advisors LLC now owns 290,464 shares of the company’s stock worth $7,276,000 after acquiring an additional 5,607 shares in the last quarter. Fiduciary Financial Group LLC raised its position in shares of abrdn Physical Gold Shares ETF by 2.8% during the fourth quarter. Fiduciary Financial Group LLC now owns 86,417 shares of the company’s stock worth $2,219,000 after purchasing an additional 2,366 shares during the period. Finally, Foresight Capital Management Advisors Inc. acquired a new stake in shares of abrdn Physical Gold Shares ETF during the fourth quarter worth about $1,100,000.

abrdn Physical Gold Shares ETF Price Performance

NYSEARCA SGOL opened at $31.00 on Wednesday. abrdn Physical Gold Shares ETF has a 52-week low of $21.85 and a 52-week high of $32.87. The business has a 50 day simple moving average of $30.12 and a 200 day simple moving average of $27.46.

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.