Moors & Cabot Inc. Grows Stock Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Moors & Cabot Inc. increased its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.8% in the 4th quarter, Holdings Channel reports. The firm owned 147,036 shares of the exchange traded fund’s stock after buying an additional 2,602 shares during the period. Moors & Cabot Inc.’s holdings in Sprott Physical Gold Trust were worth $2,961,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PHYS. Pettinga Financial Advisors LLC raised its holdings in shares of Sprott Physical Gold Trust by 8.2% during the third quarter. Pettinga Financial Advisors LLC now owns 35,647 shares of the exchange traded fund’s stock valued at $726,000 after purchasing an additional 2,700 shares during the last quarter. Sigma Planning Corp grew its position in Sprott Physical Gold Trust by 1.1% during the third quarter. Sigma Planning Corp now owns 62,790 shares of the exchange traded fund’s stock valued at $1,280,000 after buying an additional 712 shares during the period. Harbour Investments Inc. increased its holdings in Sprott Physical Gold Trust by 2.9% during the third quarter. Harbour Investments Inc. now owns 34,207 shares of the exchange traded fund’s stock valued at $697,000 after buying an additional 950 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in Sprott Physical Gold Trust by 39.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 12,617 shares of the exchange traded fund’s stock valued at $257,000 after buying an additional 3,548 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in Sprott Physical Gold Trust by 40.5% during the third quarter. Oppenheimer & Co. Inc. now owns 171,700 shares of the exchange traded fund’s stock valued at $3,499,000 after buying an additional 49,454 shares during the last quarter.

Sprott Physical Gold Trust Stock Up 0.6 %

Shares of PHYS stock opened at $22.78 on Thursday. Sprott Physical Gold Trust has a 12 month low of $16.66 and a 12 month high of $22.91. The company has a 50 day simple moving average of $21.79 and a two-hundred day simple moving average of $20.86.

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.