Missouri Trust & Investment Co decreased its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 42.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,500 shares of the exchange traded fund’s stock after selling 1,109 shares during the quarter. Missouri Trust & Investment Co’s holdings in Sprott Physical Gold Trust were worth $30,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of the stock. International Assets Investment Management LLC boosted its stake in Sprott Physical Gold Trust by 2,471.9% during the third quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock worth $58,277,000 after buying an additional 2,748,335 shares during the period. Raymond James & Associates grew its holdings in Sprott Physical Gold Trust by 73.3% during the 3rd quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Sprott Physical Gold Trust in the 2nd quarter worth about $9,884,000. Captrust Financial Advisors lifted its stake in Sprott Physical Gold Trust by 13.9% in the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock worth $46,415,000 after purchasing an additional 277,117 shares during the last quarter. Finally, Kera Capital Partners Inc. purchased a new position in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $4,512,000.
Sprott Physical Gold Trust Stock Up 1.5 %
PHYS opened at $21.19 on Wednesday. The stock’s 50 day moving average price is $20.36 and its 200-day moving average price is $20.02. Sprott Physical Gold Trust has a one year low of $15.31 and a one year high of $21.70.
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.
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