Stock Traders Purchase Large Volume of abrdn Physical Gold Shares ETF Call Options (NYSEARCA:SGOL)

abrdn Physical Gold Shares ETF (NYSEARCA:SGOLGet Free Report) was the target of some unusual options trading on Monday. Stock traders acquired 3,209 call options on the company. This represents an increase of approximately 270% compared to the average daily volume of 868 call options.

abrdn Physical Gold Shares ETF Price Performance

Shares of SGOL stock opened at $47.62 on Wednesday. abrdn Physical Gold Shares ETF has a 52-week low of $28.22 and a 52-week high of $52.84. The business has a 50-day simple moving average of $47.30 and a 200-day simple moving average of $41.67.

More abrdn Physical Gold Shares ETF News

Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SGOL. Northeast Financial Group Inc. increased its holdings in shares of abrdn Physical Gold Shares ETF by 3.3% during the 3rd quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock valued at $335,000 after purchasing an additional 290 shares in the last quarter. Berkeley Capital Partners LLC boosted its holdings in abrdn Physical Gold Shares ETF by 2.6% during the third quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock worth $456,000 after buying an additional 314 shares in the last quarter. Lido Advisors LLC grew its position in abrdn Physical Gold Shares ETF by 1.8% during the second quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock valued at $560,000 after buying an additional 320 shares during the period. True North Advisors LLC grew its position in abrdn Physical Gold Shares ETF by 0.4% during the third quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock valued at $3,008,000 after buying an additional 347 shares during the period. Finally, Prospera Financial Services Inc increased its holdings in abrdn Physical Gold Shares ETF by 3.9% in the third quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock valued at $343,000 after buying an additional 347 shares in the last quarter.

abrdn Physical Gold Shares ETF Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for abrdn Physical Gold Shares ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Physical Gold Shares ETF and related companies with MarketBeat.com's FREE daily email newsletter.