Sigma Planning Corp grew its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 1.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 63,560 shares of the exchange traded fund’s stock after purchasing an additional 770 shares during the quarter. Sigma Planning Corp’s holdings in Sprott Physical Gold Trust were worth $1,280,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. AdvisorNet Financial Inc raised its position in Sprott Physical Gold Trust by 7,000.0% in the 4th quarter. AdvisorNet Financial Inc now owns 3,550 shares of the exchange traded fund’s stock worth $71,000 after purchasing an additional 3,500 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Sprott Physical Gold Trust by 74.1% during the third quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock worth $8,056,000 after acquiring an additional 168,288 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after acquiring an additional 2,748,335 shares during the period. Natixis Advisors LLC acquired a new position in shares of Sprott Physical Gold Trust during the third quarter valued at $219,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Sprott Physical Gold Trust by 28.9% in the third quarter. PNC Financial Services Group Inc. now owns 108,339 shares of the exchange traded fund’s stock valued at $2,208,000 after acquiring an additional 24,283 shares during the last quarter.
Sprott Physical Gold Trust Trading Up 0.7 %
Shares of PHYS stock opened at $22.88 on Tuesday. Sprott Physical Gold Trust has a 12 month low of $15.59 and a 12 month high of $22.91. The stock has a 50-day moving average price of $21.20 and a 200 day moving average price of $20.59.
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.
See Also
- Five stocks we like better than Sprott Physical Gold Trust
- Overbought Stocks Explained: Should You Trade Them?
- Finding Hidden Gems: Unconventional Penny Stock Investing
- P/E Ratio Calculation: How to Assess Stocks
- Price Targets on NVIDIA Rise in Front of Earnings
- Stock Market Upgrades: What Are They?
- Archer Aviation Stock Skids: Mistaking Progress for Bad News?
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.