Invariant Investment Management Takes Position in Sprott Physical Gold Trust $PHYS

Invariant Investment Management bought a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 15,875 shares of the exchange traded fund’s stock, valued at approximately $546,000.

Several other large investors also recently modified their holdings of the business. Fiduciary Alliance LLC grew its stake in shares of Sprott Physical Gold Trust by 4.4% during the fourth quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 300 shares in the last quarter. Stratos Wealth Advisors LLC grew its stake in shares of Sprott Physical Gold Trust by 2.1% during the third quarter. Stratos Wealth Advisors LLC now owns 18,866 shares of the exchange traded fund’s stock valued at $559,000 after acquiring an additional 392 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its stake in shares of Sprott Physical Gold Trust by 1.4% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 28,021 shares of the exchange traded fund’s stock valued at $830,000 after acquiring an additional 400 shares in the last quarter. Latitude Advisors LLC grew its stake in shares of Sprott Physical Gold Trust by 1.3% during the third quarter. Latitude Advisors LLC now owns 30,240 shares of the exchange traded fund’s stock valued at $896,000 after acquiring an additional 400 shares in the last quarter. Finally, Euro Pacific Asset Management LLC grew its stake in shares of Sprott Physical Gold Trust by 0.9% during the fourth quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock valued at $1,591,000 after acquiring an additional 408 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of Sprott Physical Gold Trust stock opened at $36.73 on Wednesday. Sprott Physical Gold Trust has a 1-year low of $24.07 and a 1-year high of $42.07. The business has a 50-day moving average of $37.12 and a 200-day moving average of $34.31.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.