Leavell Investment Management Inc. Increases Holdings in Sprott Physical Gold Trust $PHYS

Leavell Investment Management Inc. increased its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 69.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 278,136 shares of the exchange traded fund’s stock after purchasing an additional 113,726 shares during the quarter. Leavell Investment Management Inc.’s holdings in Sprott Physical Gold Trust were worth $8,238,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of PHYS. Littlejohn Financial Services Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 110.6% in the 3rd quarter. Littlejohn Financial Services Inc. now owns 21,060 shares of the exchange traded fund’s stock worth $624,000 after buying an additional 11,060 shares during the period. Elevate Capital Advisors LLC raised its holdings in shares of Sprott Physical Gold Trust by 3.0% in the third quarter. Elevate Capital Advisors LLC now owns 203,111 shares of the exchange traded fund’s stock valued at $6,016,000 after acquiring an additional 5,903 shares in the last quarter. Keating Investment Counselors Inc. bought a new stake in shares of Sprott Physical Gold Trust in the third quarter valued at about $208,000. Kera Capital Partners Inc. lifted its stake in Sprott Physical Gold Trust by 0.8% in the third quarter. Kera Capital Partners Inc. now owns 229,023 shares of the exchange traded fund’s stock worth $6,784,000 after acquiring an additional 1,857 shares during the period. Finally, Concurrent Investment Advisors LLC grew its holdings in Sprott Physical Gold Trust by 129.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 50,432 shares of the exchange traded fund’s stock worth $1,494,000 after acquiring an additional 28,428 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

NYSEARCA PHYS opened at $35.03 on Friday. Sprott Physical Gold Trust has a one year low of $20.85 and a one year high of $35.47. The company’s 50-day simple moving average is $32.87 and its two-hundred day simple moving average is $29.55.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.