abrdn Physical Gold Shares ETF $SGOL Shares Sold by Empirical Asset Management LLC

Empirical Asset Management LLC lowered its stake in shares of abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 14.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,393 shares of the company’s stock after selling 27,672 shares during the period. abrdn Physical Gold Shares ETF comprises 1.0% of Empirical Asset Management LLC’s investment portfolio, making the stock its 17th biggest position. Empirical Asset Management LLC owned about 0.10% of abrdn Physical Gold Shares ETF worth $6,235,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SGOL. Metis Global Partners LLC increased its stake in abrdn Physical Gold Shares ETF by 26.7% during the 3rd quarter. Metis Global Partners LLC now owns 6,808,591 shares of the company’s stock worth $250,624,000 after buying an additional 1,434,787 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of abrdn Physical Gold Shares ETF by 1.9% in the second quarter. JPMorgan Chase & Co. now owns 4,507,293 shares of the company’s stock worth $142,160,000 after acquiring an additional 83,776 shares during the last quarter. Bank of America Corp DE increased its position in shares of abrdn Physical Gold Shares ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 3,647,167 shares of the company’s stock worth $115,032,000 after purchasing an additional 127,106 shares in the last quarter. HighTower Advisors LLC raised its stake in abrdn Physical Gold Shares ETF by 0.8% in the 3rd quarter. HighTower Advisors LLC now owns 1,865,275 shares of the company’s stock valued at $68,661,000 after purchasing an additional 15,245 shares during the last quarter. Finally, Pureheart Capital Pte Ltd. lifted its holdings in abrdn Physical Gold Shares ETF by 5.1% in the 2nd quarter. Pureheart Capital Pte Ltd. now owns 1,217,000 shares of the company’s stock valued at $38,384,000 after purchasing an additional 59,000 shares in the last quarter.

abrdn Physical Gold Shares ETF News Summary

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

• Positive Sentiment: Major bank forecasts lift long-term gold sentiment — UBS says a mix of Fed easing, geopolitics and rising demand could push gold to $6,200/oz by mid‑year, supporting metal-backed ETFs like SGOL. Fed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
• Positive Sentiment: Geopolitical risk remains a tailwind — Natixis warns that an escalation in U.S.-Iran tensions could lift gold toward $5,800/oz, bolstering safe-haven demand for physical gold ETFs. Gold could hit $5,800 if U.S.-Iran conflict escalates – Natixis’ Dahdah
• Positive Sentiment: Central-bank buying and structural demand support prices — analysis and forecasts highlighting large-scale reserve buys (1,000 tonnes) and technical breakouts underpin the bullish case. Gold (XAUUSD) & Silver Price Forecast: 1,000 Tonnes Bought, Demand Surges – Rally Sustainable?
• Positive Sentiment: Ongoing tariff and policy uncertainty is keeping safe‑haven flows into gold alive, helping metal‑backed ETFs. Gold Edges Higher Amid Ongoing Tariff Risks
• Neutral Sentiment: Position adjustments and intraday technicals are creating choppy moves—some reports point to modest gains as traders rebalance, not a clear trend change. Gold Edges Higher Amid Possible Position Adjustments
• Neutral Sentiment: Structural market changes—e.g., Türkiye creating a mining exchange and China signaling it will expand influence in the international gold market—are medium-term factors that could alter flows but won’t move prices immediately. Türkiye to establish new mining exchange in 2026 to boost financing and price transparency as $5,000/oz gold becomes ‘new normal’
• Negative Sentiment: Profit‑taking and short‑term pullbacks: multiple market notes show traders booking gains after recent rallies, pressuring near‑term gold prices and ETF flows. Gold sees profit taking; silver up in choppy trade
• Negative Sentiment: Hawkish Fed signals and stronger U.S. data can sap bullion’s momentum—reports note gold slipped below key levels on hawkish Fed cues and rising consumer confidence. Gold (XAUUSD) & Silver Price Forecast: $5,250 Rejected – Will Bulls Regain Control?
• Negative Sentiment: Supply and selling pressure: reports that Russia sold roughly 300k oz in January add near‑term supply into the market, which can weigh on price. Russia made up to $1.68 billion selling 300,000 ounces of gold in January as prices hit record highs
• Negative Sentiment: Contrarian analyst views: some strategists advise reducing gold exposure in favor of Treasuries if risk sentiment reverts, a narrative that can pressure ETF flows. Sell gold, buy Treasuries? BI’s McGlone sees risk of reversion in 2026

abrdn Physical Gold Shares ETF Stock Down 1.4%

Shares of SGOL opened at $49.20 on Wednesday. abrdn Physical Gold Shares ETF has a 52-week low of $27.02 and a 52-week high of $52.84. The firm’s fifty day moving average is $45.21 and its two-hundred day moving average is $39.89.

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.