Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Purchased by Spire Wealth Management

Spire Wealth Management increased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.6% in the fourth quarter, Holdings Channel reports. The firm owned 112,593 shares of the exchange traded fund’s stock after purchasing an additional 5,959 shares during the period. Spire Wealth Management’s holdings in Sprott Physical Gold Trust were worth $2,268,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of PHYS. SMI Advisory Services LLC increased its position in shares of Sprott Physical Gold Trust by 4.7% in the 3rd quarter. SMI Advisory Services LLC now owns 309,102 shares of the exchange traded fund’s stock valued at $6,361,000 after acquiring an additional 13,816 shares during the period. Camelot Technology Advisors Inc. increased its holdings in shares of Sprott Physical Gold Trust by 16.9% in the third quarter. Camelot Technology Advisors Inc. now owns 187,700 shares of the exchange traded fund’s stock valued at $3,825,000 after purchasing an additional 27,095 shares during the period. Brookstone Capital Management lifted its holdings in shares of Sprott Physical Gold Trust by 21.3% during the third quarter. Brookstone Capital Management now owns 159,593 shares of the exchange traded fund’s stock worth $3,253,000 after purchasing an additional 28,044 shares during the period. Montis Financial LLC lifted its holdings in shares of Sprott Physical Gold Trust by 2.8% during the third quarter. Montis Financial LLC now owns 90,659 shares of the exchange traded fund’s stock worth $1,848,000 after purchasing an additional 2,500 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 9.8% during the third quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after purchasing an additional 615 shares during the period.

Sprott Physical Gold Trust Trading Up 0.4 %

Shares of NYSEARCA PHYS opened at $21.65 on Monday. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.76. The business’s 50 day moving average price is $20.56 and its 200 day moving average price is $20.17.

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.