Stephens Inc. AR lifted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 215.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 110,099 shares of the exchange traded fund’s stock after purchasing an additional 75,174 shares during the quarter. Stephens Inc. AR’s holdings in Sprott Physical Gold Trust were worth $3,902,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in PHYS. Fiduciary Alliance LLC boosted its position in Sprott Physical Gold Trust by 4.4% in the fourth quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock valued at $238,000 after buying an additional 300 shares in the last quarter. Latitude Advisors LLC increased its holdings in shares of Sprott Physical Gold Trust by 1.0% during the fourth quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock worth $1,008,000 after buying an additional 300 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Sprott Physical Gold Trust by 2.5% in the fourth quarter. Principal Securities Inc. now owns 12,600 shares of the exchange traded fund’s stock valued at $416,000 after acquiring an additional 302 shares during the last quarter. Euro Pacific Asset Management LLC raised its stake in shares of Sprott Physical Gold Trust by 0.9% in the fourth quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock valued at $1,591,000 after acquiring an additional 408 shares during the last quarter. Finally, Manchester Financial Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 5.9% in the 4th quarter. Manchester Financial Inc. now owns 7,360 shares of the exchange traded fund’s stock worth $243,000 after acquiring an additional 410 shares in the last quarter.
Sprott Physical Gold Trust Stock Performance
NYSEARCA PHYS opened at $31.01 on Wednesday. The stock’s 50 day simple moving average is $33.11 and its 200 day simple moving average is $35.23. Sprott Physical Gold Trust has a one year low of $25.00 and a one year high of $42.07.
Sprott Physical Gold Trust 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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.
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