Money Concepts Capital Corp Has $5.47 Million Stock Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Money Concepts Capital Corp increased its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 271,676 shares of the exchange traded fund’s stock after acquiring an additional 1,585 shares during the period. Money Concepts Capital Corp owned about 0.07% of Sprott Physical Gold Trust worth $5,472,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PHYS. Stratos Wealth Partners LTD. lifted its holdings in shares of Sprott Physical Gold Trust by 7.7% in the fourth quarter. Stratos Wealth Partners LTD. now owns 170,297 shares of the exchange traded fund’s stock valued at $3,430,000 after purchasing an additional 12,135 shares in the last quarter. E&G Advisors LP raised its position in Sprott Physical Gold Trust by 6.7% in the 4th quarter. E&G Advisors LP now owns 73,731 shares of the exchange traded fund’s stock valued at $1,485,000 after buying an additional 4,638 shares during the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in Sprott Physical Gold Trust by 7.6% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 28,889 shares of the exchange traded fund’s stock valued at $582,000 after acquiring an additional 2,040 shares in the last quarter. Spire Wealth Management boosted its holdings in Sprott Physical Gold Trust by 5.6% during the 4th quarter. Spire Wealth Management now owns 112,593 shares of the exchange traded fund’s stock worth $2,268,000 after acquiring an additional 5,959 shares during the last quarter. Finally, Synergy Asset Management LLC bought a new stake in shares of Sprott Physical Gold Trust in the 4th quarter worth $96,000.

Sprott Physical Gold Trust Price Performance

PHYS opened at $22.03 on Wednesday. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $22.06. The company’s 50-day moving average is $20.63 and its 200 day moving average is $20.21.

About Sprott Physical Gold Trust

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.