Jupiter Asset Management Ltd. Sells 189,575 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Jupiter Asset Management Ltd. trimmed its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,760,566 shares of the exchange traded fund’s stock after selling 189,575 shares during the quarter. Jupiter Asset Management Ltd. owned 0.44% of Sprott Physical Gold Trust worth $35,458,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in PHYS. Pettinga Financial Advisors LLC grew its holdings in Sprott Physical Gold Trust by 8.2% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 35,647 shares of the exchange traded fund’s stock worth $726,000 after acquiring an additional 2,700 shares during the last quarter. Sigma Planning Corp boosted its stake in shares of Sprott Physical Gold Trust by 1.1% in the 3rd quarter. Sigma Planning Corp now owns 62,790 shares of the exchange traded fund’s stock valued at $1,280,000 after purchasing an additional 712 shares during the last quarter. Nations Financial Group Inc. IA ADV bought a new stake in shares of Sprott Physical Gold Trust in the 3rd quarter valued at $2,405,000. Harbour Investments Inc. boosted its stake in shares of Sprott Physical Gold Trust by 2.9% in the 3rd quarter. Harbour Investments Inc. now owns 34,207 shares of the exchange traded fund’s stock valued at $697,000 after purchasing an additional 950 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its stake in shares of Sprott Physical Gold Trust by 39.1% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 12,617 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 3,548 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 0.7 %

NYSEARCA:PHYS opened at $22.64 on Wednesday. The firm’s fifty day moving average is $21.73 and its 200-day moving average is $20.84. Sprott Physical Gold Trust has a 52 week low of $16.66 and a 52 week high of $22.91.

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.