Euro Pacific Asset Management LLC Raises Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Euro Pacific Asset Management LLC lifted its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.7% during the fourth quarter, HoldingsChannel reports. The fund owned 47,833 shares of the exchange traded fund’s stock after acquiring an additional 4,225 shares during the quarter. Euro Pacific Asset Management LLC’s holdings in Sprott Physical Gold Trust were worth $942,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in Sprott Physical Gold Trust during the 3rd quarter worth approximately $28,000. Sunbelt Securities Inc. acquired a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter worth approximately $51,000. St. Johns Investment Management Company LLC purchased a new position in Sprott Physical Gold Trust in the 3rd quarter valued at approximately $51,000. Missouri Trust & Investment Co raised its holdings in Sprott Physical Gold Trust by 160.9% during the third quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 1,609 shares during the last quarter. Finally, First Horizon Advisors Inc. purchased a new stake in Sprott Physical Gold Trust during the third quarter worth $54,000.

Sprott Physical Gold Trust Trading Up 0.6 %

Sprott Physical Gold Trust stock opened at $21.42 on Friday. The firm’s 50-day simple moving average is $20.46 and its 200 day simple moving average is $20.06. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70.

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.