Private Advisor Group LLC Lowers Stake in Sprott Physical Gold Trust (PHYS)

Private Advisor Group LLC reduced its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 97,545 shares of the exchange traded fund’s stock after selling 10,050 shares during the period. Private Advisor Group LLC’s holdings in Sprott Physical Gold Trust were worth $1,019,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp grew its stake in shares of Sprott Physical Gold Trust by 63.1% during the third quarter. Stifel Financial Corp now owns 187,384 shares of the exchange traded fund’s stock worth $1,949,000 after purchasing an additional 72,507 shares during the period. Knowledge Leaders Capital LLC acquired a new stake in shares of Sprott Physical Gold Trust during the third quarter worth $4,639,000. Brightworth acquired a new stake in shares of Sprott Physical Gold Trust during the third quarter worth $265,000. Benchmark Capital Advisors grew its stake in shares of Sprott Physical Gold Trust by 7.7% during the third quarter. Benchmark Capital Advisors now owns 284,671 shares of the exchange traded fund’s stock worth $2,972,000 after purchasing an additional 20,300 shares during the period. Finally, Jane Street Group LLC grew its stake in shares of Sprott Physical Gold Trust by 56.5% during the third quarter. Jane Street Group LLC now owns 205,767 shares of the exchange traded fund’s stock worth $2,148,000 after purchasing an additional 74,267 shares during the period.

Shares of Sprott Physical Gold Trust (NYSEARCA PHYS) opened at $10.96 on Tuesday. Sprott Physical Gold Trust has a 52 week low of $9.81 and a 52 week high of $11.15. The company has a market capitalization of $2,320.00 and a price-to-earnings ratio of -31.31.

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Sprott Physical Gold Trust Company Profile

Sprott Physical Gold Trust (the Trust) is a closed-end trust. The Trust invests in unencumbered and fully allocated London Good Delivery (LGD) gold bars. The Trust was created to invest and hold substantially all of its assets in physical gold bullion. The Trust invests in long-term holdings of unencumbered, fully allocated physical gold bullion and does not speculate with regard to short-term changes in gold prices.

Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

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