Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Oppenheimer & Close LLC

Oppenheimer & Close LLC decreased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYSGet Rating) by 18.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,000 shares of the exchange traded fund’s stock after selling 5,000 shares during the period. Oppenheimer & Close LLC’s holdings in Sprott Physical Gold Trust were worth $311,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PHYS. SMI Advisory Services LLC acquired a new position in Sprott Physical Gold Trust during the 1st quarter worth approximately $40,478,000. Royal Bank of Canada boosted its stake in shares of Sprott Physical Gold Trust by 30.0% during the 1st quarter. Royal Bank of Canada now owns 6,120,005 shares of the exchange traded fund’s stock worth $94,064,000 after acquiring an additional 1,413,756 shares in the last quarter. Inspire Investing LLC boosted its stake in shares of Sprott Physical Gold Trust by 449.0% during the 1st quarter. Inspire Investing LLC now owns 1,503,528 shares of the exchange traded fund’s stock worth $23,109,000 after acquiring an additional 1,229,647 shares in the last quarter. Monaco Asset Management SAM purchased a new stake in shares of Sprott Physical Gold Trust during the 1st quarter worth approximately $18,383,000. Finally, Meixler Investment Management Ltd. purchased a new stake in shares of Sprott Physical Gold Trust during the 4th quarter worth approximately $12,797,000.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS traded down $0.22 during trading on Friday, hitting $12.74. 23,872 shares of the stock were exchanged, compared to its average volume of 2,663,885. The company has a fifty day moving average price of $13.51 and a two-hundred day moving average price of $14.33. Sprott Physical Gold Trust has a 12-month low of $12.83 and a 12-month high of $16.19.

Sprott Physical Gold Trust Profile

(Get Rating)

Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical gold bullion in London Good Delivery bar form. Sprott Physical Gold Trust was formed on August 28, 2009 and is domiciled in Canada.

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Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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