abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) Sees Unusually-High Trading Volume – Here’s What Happened
by Scott Moore · The Cerbat Gemabrdn Physical Gold Shares ETF (NYSEARCA:SGOL – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 19,387,703 shares traded hands during trading, an increase of 196% from the previous session’s volume of 6,539,530 shares.The stock last traded at $49.21 and had previously closed at $51.24.
More abrdn Physical Gold Shares ETF News
Here are the key news stories impacting abrdn Physical Gold Shares ETF this week:
- Positive Sentiment: Market commentators and some analysts call the sell-off a healthy correction and say the broader uptrend in precious metals remains intact. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
- Positive Sentiment: Citi expects gold to remain supported by overlapping geopolitical and economic risks, which suggests demand for gold-backed ETFs like SGOL could re-emerge even if some risk premia fade later in 2026. Citi sees gold supported by risks, with some fading expected later in 2026
- Neutral Sentiment: Technical analysts note the pullback hit a near‑perfect 50% retracement in recent sessions — this could be either a buying opportunity or a signal of a short‑term top depending on follow‑through. Gold News: Did Volatile, but Orderly 50% Correction Just Set Up Buy or Signal Top?
- Neutral Sentiment: Intraday price guides and volatility commentary point to choppy trading; active traders may find defined entry/stop levels while longer-term investors focus on fundamentals. Gold market analysis for January 30 – key intra-day price entry levels for active traders
- Negative Sentiment: President Trump’s nomination of Kevin Warsh as Fed chair reduced near‑term fears about aggressive policy divergence, prompting traders to unwind speculative long positions in gold and triggering a sharp drop. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know
- Negative Sentiment: Profit‑taking after an “explosive” January rally and overbought conditions made a sharp sell‑off inevitable, increasing short‑term downside risk for gold ETFs. Gold, silver selloff was inevitable after January’s explosive rally, but broader trend remains intact
- Negative Sentiment: Wide intraday swings and exceptionally high volume — including in SGOL — signal forced liquidations and elevate short-term volatility for ETF holders. Gold Weekly Price Analysis – Gold Gives Back Much of the Gains for the Week
abrdn Physical Gold Shares ETF Stock Performance
The firm has a 50 day simple moving average of $42.71 and a 200-day simple moving average of $37.95.
Institutional Investors Weigh In On abrdn Physical Gold Shares ETF
Large investors have recently modified their holdings of the stock. Northeast Financial Group Inc. grew its position in abrdn Physical Gold Shares ETF by 3.3% in the 3rd quarter. Northeast Financial Group Inc. now owns 9,094 shares of the company’s stock valued at $335,000 after buying an additional 290 shares during the last quarter. Berkeley Capital Partners LLC raised its position in abrdn Physical Gold Shares ETF by 2.6% during the 3rd quarter. Berkeley Capital Partners LLC now owns 12,383 shares of the company’s stock worth $456,000 after buying an additional 314 shares during the last quarter. Lido Advisors LLC lifted its stake in shares of abrdn Physical Gold Shares ETF by 1.8% in the 2nd quarter. Lido Advisors LLC now owns 17,742 shares of the company’s stock worth $560,000 after acquiring an additional 320 shares during the period. True North Advisors LLC boosted its holdings in shares of abrdn Physical Gold Shares ETF by 0.4% in the third quarter. True North Advisors LLC now owns 81,712 shares of the company’s stock valued at $3,008,000 after acquiring an additional 347 shares in the last quarter. Finally, Prospera Financial Services Inc increased its stake in shares of abrdn Physical Gold Shares ETF by 3.9% during the third quarter. Prospera Financial Services Inc now owns 9,316 shares of the company’s stock worth $343,000 after acquiring an additional 347 shares during the period.
abrdn Physical Gold Shares ETF Company Profile
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.
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