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

Straight Path Wealth Management boosted its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 4.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 36,450 shares of the exchange traded fund’s stock after acquiring an additional 1,500 shares during the period. Straight Path Wealth Management’s holdings in Sprott Physical Gold Trust were worth $734,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. AdvisorNet Financial Inc lifted its position in shares of Sprott Physical Gold Trust by 7,000.0% during 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. lifted its holdings in Sprott Physical Gold Trust by 74.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock worth $8,056,000 after buying an additional 168,288 shares during the last quarter. Natixis Advisors LLC acquired a new position in shares of Sprott Physical Gold Trust during the 3rd quarter worth about $219,000. PNC Financial Services Group Inc. increased its holdings in shares of Sprott Physical Gold Trust by 28.9% in the 3rd 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. Finally, Cerity Partners LLC raised its position in shares of Sprott Physical Gold Trust by 4.7% during the 3rd quarter. Cerity Partners LLC now owns 43,654 shares of the exchange traded fund’s stock worth $890,000 after acquiring an additional 1,950 shares in the last quarter.

Sprott Physical Gold Trust Stock Up 0.5 %

Shares of PHYS opened at $22.74 on Thursday. Sprott Physical Gold Trust has a 52-week low of $16.57 and a 52-week high of $22.91. The stock has a 50 day moving average price of $21.48 and a 200 day moving average price of $20.73.

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.