Oppenheimer & Co. Inc. Has $3.27 Million Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Oppenheimer & Co. Inc. reduced its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 162,246 shares of the exchange traded fund’s stock after selling 9,454 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Sprott Physical Gold Trust were worth $3,268,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. AdvisorNet Financial Inc lifted its position in Sprott Physical Gold Trust by 7,000.0% during the fourth 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 period. JPMorgan Chase & Co. raised its position in shares of Sprott Physical Gold Trust by 74.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock valued at $8,056,000 after buying an additional 168,288 shares in the last quarter. Natixis Advisors LLC bought a new stake in shares of Sprott Physical Gold Trust during the 3rd quarter worth approximately $219,000. PNC Financial Services Group Inc. boosted its position in shares of Sprott Physical Gold Trust by 28.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 108,339 shares of the exchange traded fund’s stock worth $2,208,000 after acquiring an additional 24,283 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in Sprott Physical Gold Trust by 4.7% in the third quarter. Cerity Partners LLC now owns 43,654 shares of the exchange traded fund’s stock valued at $890,000 after acquiring an additional 1,950 shares during the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of PHYS opened at $22.10 on Friday. The firm has a 50 day simple moving average of $21.39 and a two-hundred day simple moving average of $20.67. Sprott Physical Gold Trust has a one year low of $15.72 and a one year high of $22.91.

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.