Sprott Physical Gold Trust $PHYS Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lessened its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 0.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 244,517 shares of the exchange traded fund’s stock after selling 1,052 shares during the quarter. Geneos Wealth Management Inc. owned about 0.06% of Sprott Physical Gold Trust worth $5,883,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Royal Bank of Canada boosted its holdings in shares of Sprott Physical Gold Trust by 18.3% in the 1st quarter. Royal Bank of Canada now owns 7,917,978 shares of the exchange traded fund’s stock valued at $190,507,000 after purchasing an additional 1,225,695 shares during the last quarter. Pekin Hardy Strauss Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 0.7% in the 1st quarter. Pekin Hardy Strauss Inc. now owns 4,226,558 shares of the exchange traded fund’s stock valued at $101,691,000 after purchasing an additional 29,770 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 2.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,367,177 shares of the exchange traded fund’s stock valued at $56,954,000 after purchasing an additional 66,054 shares during the last quarter. Matauro LLC lifted its holdings in shares of Sprott Physical Gold Trust by 7.8% during the 1st quarter. Matauro LLC now owns 2,141,018 shares of the exchange traded fund’s stock valued at $51,513,000 after acquiring an additional 154,057 shares in the last quarter. Finally, Jupiter Asset Management Ltd. lifted its holdings in shares of Sprott Physical Gold Trust by 10.9% during the 1st quarter. Jupiter Asset Management Ltd. now owns 1,953,178 shares of the exchange traded fund’s stock valued at $47,062,000 after acquiring an additional 192,612 shares in the last quarter.

Sprott Physical Gold Trust Stock Performance

NYSEARCA:PHYS opened at $28.03 on Thursday. The firm’s fifty day simple moving average is $26.00 and its 200 day simple moving average is $25.04. Sprott Physical Gold Trust has a twelve month low of $19.48 and a twelve month high of $28.27.

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.