Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Bought by MKT Advisors LLC

MKT Advisors LLC raised its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,510 shares of the exchange traded fund’s stock after purchasing an additional 800 shares during the period. MKT Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $678,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in PHYS. Legacy Investment Solutions LLC purchased a new position in Sprott Physical Gold Trust in the 3rd quarter valued at about $28,000. Sunbelt Securities Inc. purchased a new position in shares of Sprott Physical Gold Trust in the second quarter valued at approximately $51,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Sprott Physical Gold Trust in the third quarter worth approximately $51,000. Missouri Trust & Investment Co boosted its stake 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 worth $53,000 after acquiring an additional 1,609 shares during the last quarter. Finally, First Horizon Advisors Inc. purchased a new stake in shares of Sprott Physical Gold Trust during the third quarter worth approximately $54,000.

Sprott Physical Gold Trust Stock Performance

Shares of PHYS stock opened at $21.42 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $21.70. The stock’s fifty day moving average is $20.46 and its two-hundred day moving average is $20.07.

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.