Jupiter Asset Management Ltd. Grows Position in Sprott Physical Gold Trust $PHYS

Jupiter Asset Management Ltd. grew its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,457,370 shares of the exchange traded fund’s stock after acquiring an additional 311,515 shares during the quarter. Sprott Physical Gold Trust accounts for approximately 0.9% of Jupiter Asset Management Ltd.’s portfolio, making the stock its 22nd largest holding. Jupiter Asset Management Ltd.’s holdings in Sprott Physical Gold Trust were worth $114,197,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Fiduciary Alliance LLC lifted its position 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 purchasing an additional 300 shares in the last quarter. Latitude Advisors LLC increased its stake in Sprott Physical Gold Trust by 1.0% in the 4th quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock valued at $1,008,000 after buying an additional 300 shares during the last quarter. Stratos Wealth Advisors LLC lifted its position in shares of Sprott Physical Gold Trust by 2.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 18,866 shares of the exchange traded fund’s stock worth $559,000 after buying an additional 392 shares in the last quarter. Euro Pacific Asset Management LLC lifted its position in shares of Sprott Physical Gold Trust by 0.9% during the 4th quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock worth $1,591,000 after buying an additional 408 shares in the last quarter. Finally, NovaPoint Capital LLC boosted its stake in shares of Sprott Physical Gold Trust by 0.3% in the 4th quarter. NovaPoint Capital LLC now owns 147,330 shares of the exchange traded fund’s stock worth $4,865,000 after buying an additional 446 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 1.0%

PHYS stock opened at $34.01 on Friday. The business has a 50 day moving average of $35.10 and a 200-day moving average of $35.25. Sprott Physical Gold Trust has a 12-month low of $24.86 and a 12-month high of $42.07.

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.