abrdn Physical Gold Shares ETF $SGOL is Pureheart Capital Pte Ltd.’s 4th Largest Position

Pureheart Capital Pte Ltd. grew its position in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 5.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,217,000 shares of the company’s stock after purchasing an additional 59,000 shares during the period. abrdn Physical Gold Shares ETF comprises 6.3% of Pureheart Capital Pte Ltd.’s investment portfolio, making the stock its 4th largest position. Pureheart Capital Pte Ltd.’s holdings in abrdn Physical Gold Shares ETF were worth $38,384,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Crewe Advisors LLC purchased a new position in abrdn Physical Gold Shares ETF in the 2nd quarter worth approximately $27,000. Ameritas Advisory Services LLC purchased a new stake in abrdn Physical Gold Shares ETF during the 2nd quarter valued at $28,000. BNP Paribas bought a new stake in shares of abrdn Physical Gold Shares ETF in the 2nd quarter worth $39,000. UMB Bank n.a. purchased a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth $41,000. Finally, Tableaux LLC purchased a new position in shares of abrdn Physical Gold Shares ETF in the second quarter worth $53,000.

abrdn Physical Gold Shares ETF Stock Up 0.6%

Shares of NYSEARCA:SGOL opened at $40.98 on Monday. abrdn Physical Gold Shares ETF has a 1 year low of $24.69 and a 1 year high of $41.77. The stock’s fifty day moving average price is $39.22 and its 200-day moving average price is $35.09.

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.