MKT Advisors LLC raised its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 2.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,510 shares of the exchange traded fund’s stock after buying an additional 800 shares during the quarter. MKT Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $678,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the stock. Straight Path Wealth Management boosted its position in shares of Sprott Physical Gold Trust by 1.5% during the 3rd quarter. Straight Path Wealth Management now owns 34,950 shares of the exchange traded fund’s stock worth $712,000 after purchasing an additional 500 shares during the period. Wealth Alliance Advisory Group LLC grew its stake in shares of Sprott Physical Gold Trust by 4.3% in the fourth quarter. Wealth Alliance Advisory Group LLC now owns 12,089 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 500 shares in the last quarter. Islay Capital Management LLC raised its holdings in shares of Sprott Physical Gold Trust by 1.4% in the 3rd quarter. Islay Capital Management LLC now owns 41,161 shares of the exchange traded fund’s stock valued at $839,000 after buying an additional 550 shares during the period. Avior Wealth Management LLC raised its holdings in shares of Sprott Physical Gold Trust by 12.0% in the 4th quarter. Avior Wealth Management LLC now owns 5,700 shares of the exchange traded fund’s stock valued at $115,000 after buying an additional 610 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its stake in Sprott Physical Gold Trust by 9.8% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after acquiring an additional 615 shares in the last quarter.
Sprott Physical Gold Trust Stock Up 0.6 %
NYSEARCA PHYS opened at $21.42 on Friday. The stock has a 50-day moving average of $20.46 and a two-hundred day moving average of $20.07. Sprott Physical Gold Trust has a 1-year low of $15.31 and a 1-year high of $21.70.
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.
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