Spire Wealth Management Acquires 5,959 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Spire Wealth Management boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 112,593 shares of the exchange traded fund’s stock after buying an additional 5,959 shares during the quarter. Spire Wealth Management’s holdings in Sprott Physical Gold Trust were worth $2,268,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. International Assets Investment Management LLC increased its holdings in shares of Sprott Physical Gold Trust by 2,471.9% in the 3rd quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after acquiring an additional 2,748,335 shares during the period. Raymond James & Associates boosted its position in Sprott Physical Gold Trust by 73.3% during the third quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares in the last quarter. Captrust Financial Advisors grew its stake in Sprott Physical Gold Trust by 13.9% in the third quarter. Captrust Financial Advisors now owns 2,277,485 shares of the exchange traded fund’s stock valued at $46,415,000 after purchasing an additional 277,117 shares during the last quarter. Kera Capital Partners Inc. bought a new position in Sprott Physical Gold Trust in the fourth quarter worth about $4,512,000. Finally, JPMorgan Chase & Co. raised its holdings in Sprott Physical Gold Trust by 74.1% in the third quarter. JPMorgan Chase & Co. now owns 395,289 shares of the exchange traded fund’s stock worth $8,056,000 after purchasing an additional 168,288 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

NYSEARCA:PHYS opened at $21.65 on Monday. The company’s 50-day simple moving average is $20.56 and its 200-day simple moving average is $20.17. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $21.76.

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.