Financial Sense Advisors Inc. Has $2.18 Million Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Financial Sense Advisors Inc. cut its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 27.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,280 shares of the exchange traded fund’s stock after selling 41,625 shares during the quarter. Financial Sense Advisors Inc.’s holdings in Sprott Physical Gold Trust were worth $2,181,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Legacy Investment Solutions LLC acquired a new stake in shares of Sprott Physical Gold Trust in the third quarter valued at approximately $28,000. St. Johns Investment Management Company LLC bought a new position in Sprott Physical Gold Trust during the third quarter worth $51,000. Missouri Trust & Investment Co raised its position in shares of Sprott Physical Gold Trust by 160.9% in the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 1,609 shares during the period. First Horizon Advisors Inc. bought a new position in shares of Sprott Physical Gold Trust in the third quarter valued at about $54,000. Finally, Salomon & Ludwin LLC acquired a new stake in shares of Sprott Physical Gold Trust during the 4th quarter worth about $65,000.

Sprott Physical Gold Trust Trading Up 0.3 %

Shares of PHYS opened at $22.69 on Thursday. The firm’s 50-day simple moving average is $21.07 and its 200 day simple moving average is $20.49. Sprott Physical Gold Trust has a 52 week low of $15.55 and a 52 week high of $22.71.

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.