share_log

Sigma Planning Corp Decreases Stake in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Defense World ·  Apr 8, 2023 17:02

Sigma Planning Corp cut its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Get Rating) by 4.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,653 shares of the exchange traded fund's stock after selling 2,910 shares during the quarter. Sigma Planning Corp's holdings in Sprott Physical Gold Trust were worth $841,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co raised its position in shares of Sprott Physical Gold Trust by 3.9% in the third quarter. CENTRAL TRUST Co now owns 7,613,320 shares of the exchange traded fund's stock valued at $97,451,000 after purchasing an additional 282,591 shares during the period. Evanson Asset Management LLC lifted its position in shares of Sprott Physical Gold Trust by 0.3% during the third quarter. Evanson Asset Management LLC now owns 7,160,061 shares of the exchange traded fund's stock worth $91,649,000 after acquiring an additional 21,093 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Sprott Physical Gold Trust by 30.0% during the first quarter. Royal Bank of Canada now owns 6,120,005 shares of the exchange traded fund's stock worth $94,064,000 after acquiring an additional 1,413,756 shares in the last quarter. Jupiter Asset Management Ltd. lifted its position in shares of Sprott Physical Gold Trust by 14.6% during the third quarter. Jupiter Asset Management Ltd. now owns 4,720,104 shares of the exchange traded fund's stock worth $60,417,000 after acquiring an additional 601,916 shares in the last quarter. Finally, SMI Advisory Services LLC lifted its position in shares of Sprott Physical Gold Trust by 7.9% during the third quarter. SMI Advisory Services LLC now owns 3,345,639 shares of the exchange traded fund's stock worth $42,824,000 after acquiring an additional 243,753 shares in the last quarter.

Get Sprott Physical Gold Trust alerts:

Sprott Physical Gold Trust Stock Performance

NYSEARCA:PHYS opened at $15.75 on Friday. The stock's fifty day moving average price is $14.74 and its two-hundred day moving average price is $13.99. Sprott Physical Gold Trust has a 1 year low of $12.48 and a 1 year high of $15.84.

Sprott Physical Gold Trust Profile

(Get Rating)

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.

Featured Stories

  • Get a free copy of the StockNews.com research report on Sprott Physical Gold Trust (PHYS)
  • Costco Sales Disappoint, Markets Are Missing This Upside Driver
  • First Republic Bank Is A Speculative Play, Here's Why
  • The WD-40 Company Bottoms With Reversal In Sight
  • 3 Low-Cost Stock ETFs That Are Crushing It This Year
  • FedEx Takes Flight; Analysts See More Gains Ahead

Want to see what other hedge funds are holding PHYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Gold Trust (NYSEARCA:PHYS – Get Rating).

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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment