RPS Advisory Solutions LLC Acquires 14,905 Shares of Sprott Physical Gold Trust $PHYS

RPS Advisory Solutions LLC raised its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 143.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,297 shares of the exchange traded fund’s stock after acquiring an additional 14,905 shares during the period. RPS Advisory Solutions LLC’s holdings in Sprott Physical Gold Trust were worth $641,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Ameriflex Group Inc. raised its stake in Sprott Physical Gold Trust by 66.7% in the second quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 400 shares in the last quarter. Tradewinds Capital Management LLC increased its holdings in shares of Sprott Physical Gold Trust by 59.8% in the 2nd quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 407 shares during the last quarter. Cheviot Value Management LLC purchased a new stake in shares of Sprott Physical Gold Trust during the 1st quarter valued at $30,000. Hilltop National Bank bought a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter worth $32,000. Finally, Assetmark Inc. purchased a new position in Sprott Physical Gold Trust in the first quarter worth $31,000.

Sprott Physical Gold Trust Price Performance

PHYS opened at $30.17 on Friday. The business’s fifty day simple moving average is $29.54 and its 200 day simple moving average is $26.92. Sprott Physical Gold Trust has a 52 week low of $19.63 and a 52 week high of $33.31.

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.