SMI Advisory Services LLC Has $4.44 Million Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

SMI Advisory Services LLC cut its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 30.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 216,469 shares of the exchange traded fund’s stock after selling 92,633 shares during the quarter. Sprott Physical Gold Trust comprises about 1.0% of SMI Advisory Services LLC’s holdings, making the stock its 21st largest position. SMI Advisory Services LLC’s holdings in Sprott Physical Gold Trust were worth $4,438,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Baker Ellis Asset Management LLC increased its position in shares of Sprott Physical Gold Trust by 4.5% during the fourth quarter. Baker Ellis Asset Management LLC now owns 23,000 shares of the exchange traded fund’s stock worth $463,000 after buying an additional 1,000 shares during the period. Simon Quick Advisors LLC bought a new position in Sprott Physical Gold Trust during the fourth quarter worth $472,000. Beaumont Financial Advisors LLC boosted its stake in Sprott Physical Gold Trust by 0.8% during the fourth quarter. Beaumont Financial Advisors LLC now owns 171,201 shares of the exchange traded fund’s stock worth $3,448,000 after acquiring an additional 1,373 shares in the last quarter. Camelot Technology Advisors Inc. lifted its stake in shares of Sprott Physical Gold Trust by 5.6% in the fourth quarter. Camelot Technology Advisors Inc. now owns 198,149 shares of the exchange traded fund’s stock valued at $3,991,000 after buying an additional 10,449 shares in the last quarter. Finally, Koshinski Asset Management Inc. lifted its stake in shares of Sprott Physical Gold Trust by 13.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 13,523 shares of the exchange traded fund’s stock valued at $272,000 after buying an additional 1,572 shares in the last quarter.

Sprott Physical Gold Trust Stock Up 0.5 %

Sprott Physical Gold Trust stock opened at $21.30 on Thursday. Sprott Physical Gold Trust has a 1-year low of $15.31 and a 1-year high of $21.70. The firm’s fifty day moving average price is $20.39 and its two-hundred day moving average price is $20.03.

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.