Vise Technologies Inc. acquired a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 81,432 shares of the exchange traded fund’s stock, valued at approximately $2,064,000.
Other institutional investors also recently bought and sold shares of the company. HB Wealth Management LLC acquired a new stake in Sprott Physical Gold Trust in the 2nd quarter valued at about $211,000. IFP Advisors Inc grew its position in shares of Sprott Physical Gold Trust by 40.4% in the first quarter. IFP Advisors Inc now owns 37,759 shares of the exchange traded fund’s stock valued at $908,000 after purchasing an additional 10,872 shares during the last quarter. Brown Advisory Inc. purchased a new position in shares of Sprott Physical Gold Trust during the 1st quarter worth approximately $241,000. Kestra Private Wealth Services LLC raised its position in shares of Sprott Physical Gold Trust by 2.6% during the 1st quarter. Kestra Private Wealth Services LLC now owns 52,283 shares of the exchange traded fund’s stock worth $1,258,000 after purchasing an additional 1,349 shares during the last quarter. Finally, Assetmark Inc. acquired a new position in shares of Sprott Physical Gold Trust during the 1st quarter worth approximately $31,000.
Sprott Physical Gold Trust Price Performance
Sprott Physical Gold Trust stock opened at $31.43 on Wednesday. The stock has a fifty day moving average of $29.80 and a two-hundred day moving average of $27.05. Sprott Physical Gold Trust has a fifty-two week low of $19.63 and a fifty-two week high of $33.31.
About Sprott Physical Gold Trust
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.
Recommended Stories
- Five stocks we like better than Sprott Physical Gold Trust
- What is the NASDAQ Stock Exchange?
- 3 Beaten-Down Stocks With Rebound Potential This Earnings Season
- Best Energy Stocks – Energy Stocks to Buy Now
- Amazon Is One of the Clearest Buys If the Market Dips Again
- What is the MACD Indicator and How to Use it in Your Trading
- CoreWeave’s Guidance Cut: A Buying Opportunity in Disguise?
Receive News & Ratings for Sprott Physical Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.
