Financial Designs Corp Has $362,000 Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Financial Designs Corp lifted its holdings in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 10.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 14,468 shares of the company’s stock after purchasing an additional 1,350 shares during the quarter. abrdn Physical Gold Shares ETF comprises approximately 0.2% of Financial Designs Corp’s holdings, making the stock its 18th biggest position. Financial Designs Corp’s holdings in abrdn Physical Gold Shares ETF were worth $362,000 as of its most recent SEC filing.

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

abrdn Physical Gold Shares ETF Stock Performance

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

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.