Macroview Investment Management LLC Has $3.38 Million Stock Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Macroview Investment Management LLC cut its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Get Rating) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 239,842 shares of the exchange traded fund’s stock after selling 1,840 shares during the quarter. Sprott Physical Gold Trust makes up 5.8% of Macroview Investment Management LLC’s portfolio, making the stock its largest holding. Macroview Investment Management LLC’s holdings in Sprott Physical Gold Trust were worth $3,382,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Straight Path Wealth Management raised its holdings in shares of Sprott Physical Gold Trust by 2.2% in the third quarter. Straight Path Wealth Management now owns 37,245 shares of the exchange traded fund’s stock valued at $477,000 after buying an additional 800 shares during the last quarter. IMC Chicago LLC raised its holdings in shares of Sprott Physical Gold Trust by 1.3% in the third quarter. IMC Chicago LLC now owns 61,795 shares of the exchange traded fund’s stock valued at $791,000 after buying an additional 803 shares during the last quarter. Hubbell Strickland Wealth Management LLC raised its holdings in shares of Sprott Physical Gold Trust by 0.3% in the third quarter. Hubbell Strickland Wealth Management LLC now owns 276,625 shares of the exchange traded fund’s stock valued at $3,541,000 after buying an additional 910 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC raised its holdings in shares of Sprott Physical Gold Trust by 25.0% in the third quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 5,000 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 1,000 shares during the last quarter. Finally, Sigma Planning Corp raised its holdings in shares of Sprott Physical Gold Trust by 1.9% in the third quarter. Sigma Planning Corp now owns 62,563 shares of the exchange traded fund’s stock valued at $801,000 after buying an additional 1,154 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 3.0 %

Sprott Physical Gold Trust stock opened at $15.32 on Friday. The stock has a 50-day simple moving average of $14.53 and a 200 day simple moving average of $13.75. Sprott Physical Gold Trust has a 12-month low of $12.48 and a 12-month high of $15.78.

Sprott Physical Gold Trust Company Profile

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Sprott Physical Gold Trust operates as a closed-end investment trust, which engages in investing and holding all of its assets in physical gold bullion. Its investment objective is to provide a secure, convenient, and exchange-traded investment alternative for investors through investing primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in gold prices.