RPS Advisory Solutions LLC Grows Stake in Sprott Physical Gold Trust $PHYS

RPS Advisory Solutions LLC grew its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 143.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,297 shares of the exchange traded fund’s stock after buying an additional 14,905 shares during the period. RPS Advisory Solutions LLC’s holdings in Sprott Physical Gold Trust were worth $641,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Ameriflex Group Inc. lifted its stake in Sprott Physical Gold Trust by 66.7% in the second quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 400 shares during the period. Tradewinds Capital Management LLC raised its holdings in Sprott Physical Gold Trust by 59.8% in the 2nd quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 407 shares in the last quarter. Cheviot Value Management LLC bought a new position in Sprott Physical Gold Trust in the 1st quarter worth $30,000. Assetmark Inc. bought a new stake in shares of Sprott Physical Gold Trust during the 1st quarter valued at about $31,000. Finally, Hilltop National Bank bought a new position in Sprott Physical Gold Trust in the second quarter worth about $32,000.

Sprott Physical Gold Trust Stock Performance

PHYS stock opened at $30.17 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $19.63 and a fifty-two week high of $33.31. The business’s 50 day moving average price is $29.54 and its two-hundred day moving average price is $26.92.

Sprott Physical Gold Trust Company Profile

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.