CSIMarket
 
Abrdn Gold Etf Trust  (SGOL)
Other Ticker:  
 
    Sector  Financial    Industry Exchange Traded Funds Etf
 
Price: $20.6300 $-0.06 -0.290%
Day's High: $20.71 Week Perf: -1.06 %
Day's Low: $ 20.60 30 Day Perf: 8.41 %
Volume (M): 3,377 52 Wk High: $ 20.99
Volume (M$): $ 69,668 52 Wk Avg: $18.94
Open: $20.63 52 Wk Low: $17.35



 Market Capitalization (Millions $) 2,960
 Shares Outstanding (Millions) 143
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 346
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Abrdn Gold Etf Trust
ABRDN Gold ETF Trust is an exchange-traded fund that offers investors exposure to the gold market. The trust is managed by ABRDN Asset Management, a global investment firm.

The ETF aims to replicate the performance of the gold market, providing investors a convenient way to invest in the precious metal. It tracks the price of gold through physical holdings of the metal or derivatives, allowing investors to gain exposure without the need to purchase and store physical gold.

ABRDN Gold ETF Trust trade on major stock exchanges, offering liquidity and easy access to investors. The fund provides diversification and a relatively low-cost way of investing in gold compared to buying physical gold.

Investors in ABRDN Gold ETF Trust can benefit from the potential price appreciation of gold, which is often seen as a safe-haven asset during times of economic uncertainty. However, it's important to note that the value of the ETF can be influenced by factors affecting the gold market, such as supply and demand dynamics, global economic conditions, and geopolitical events.

Overall, ABRDN Gold ETF Trust provides investors with a straightforward and efficient way to gain exposure to the gold market and potentially benefit from its performance.


   Company Address: 1900 Market Street Philadelphia 19103 PA
   Company Phone Number: 383-7289   Stock Exchange / Ticker: NYSEArca SGOL
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Abrdn Gold Etf Trust

SGOL Reports Operating Loss of $-2.233 Million in Fourth Quarter of 2023

As the October to December 31, 2023 reporting cycle resumes, I have been closely following the financial results of various companies in the Exchange Traded Funds (ETF) sector. Today, I am focusing on SGOL, an emerging growth company, which has reported an operating loss of $-2.233 million for the financial fourth quarter of 2023. Although the company has not disclosed its revenue for this period, it is important to understand its performance in context.
To put the current results into perspective, let's compare them with the corporate accomplishments of the fourth quarter of 2022. During that period, SGOL reported an operating loss of $-0.985 million. Despite this loss, it was still considered a constructive financial reporting period for the company. However, it should be noted that Abrdn Gold ETF Trust has not reported any revenues for the same period.

Abrdn Gold Etf Trust

Exciting Update: SGOL Releases Impressive Q3 2023 Performance Report for Multiple Businesses



Abrdn Gold Etf Trust recently experienced a slight drop in shares, impacting its year-to-date performance. In addition, its shares are short of the 52-week high. These changes, along with the company's financial results for the July-September 2023 earnings cycle, raise concerns about the company's future performance. This article aims to analyze these facts and speculate on how they may impact Abrdn Gold Etf Trust going forward.
1. Share Performance:
During the past week, Abrdn Gold Etf Trust shares witnessed a decline of -0.37%. The slight drop in share prices raises questions about the factors contributing to this decline. While a single week's drop may not be indicative of long-term performance, investors should closely monitor price movements to evaluate the company's stability and potential for growth.

Abrdn Gold Etf Trust

SGOL Shows Remarkable Turnaround, Significantly Reducing Operating Shortfall to $-98.597 Million in Q2 2023

Overlooked Businesses in ETF Industry: Unveiling SGOL's Numbers
While the big players in the Exchange Traded Funds (ETF) industry continue to dominate headlines, some smaller businesses are quietly making waves and publishing their respective numbers. One such player is SGOL, a company that recently disclosed its operating shortfall for the second quarter of 2023. Surprisingly, SGOL reported a significant improvement in its financial position compared to the previous quarter.
During the second quarter of 2023, SGOL's management team demonstrated a remarkable sense of efficiency by narrowing the operating shortfall from a staggering $-1.16 million to $-98.597 million. This substantial reduction in deficit indicates that the company's efforts to streamline operations and improve its financial standing are starting to bear fruit.

Abrdn Gold Etf Trust

Abrdn Gold Etf Trust Achieves Remarkable 166.13% Surge in Profits during Financial First Quarter of 2023!

Financial News Report:
Abrdn Gold Etf Trust, a leading player in the gold ETF market, has delivered impressive performance in the first quarter of 2023. The company's income per share has grown rapidly by 166.13%, from $0.60 per share in the same period a year ago to a whopping $1.59 per share. The income per share has turned positive from a negative of $-1.42 per share seen in the preceding reporting period, showcasing Abrdn Gold Etf Trust's strong resilience and grit in challenging times.
The revenue, though remaining unchanged at $0.00 million from a year ago, remained consistent sequentially from the previous period. The solid earnings of $220.118 million in the financial first quarter of 2023, growing by 166.88% from net earnings of $82.479 million in the same period a year ago, reflect the company's strong fundamentals and ability to capitalize on market opportunities.






 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com