Jupiter Asset Management Ltd. Has $114.20 Million Stock Holdings in Sprott Physical Gold Trust $PHYS

Jupiter Asset Management Ltd. boosted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 9.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,457,370 shares of the exchange traded fund’s stock after buying an additional 311,515 shares during the period. Sprott Physical Gold Trust makes up approximately 0.9% of Jupiter Asset Management Ltd.’s portfolio, making the stock its 22nd biggest position. Jupiter Asset Management Ltd. owned approximately 0.73% of Sprott Physical Gold Trust worth $114,197,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fiduciary Alliance LLC increased its holdings in shares of Sprott Physical Gold Trust by 4.4% during the fourth quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock valued at $238,000 after acquiring an additional 300 shares in the last quarter. Latitude Advisors LLC grew its position in Sprott Physical Gold Trust by 1.0% in the 4th quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock valued at $1,008,000 after purchasing an additional 300 shares during the period. Stratos Wealth Advisors LLC increased its stake in Sprott Physical Gold Trust by 2.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 18,866 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 392 shares in the last quarter. Euro Pacific Asset Management LLC raised its holdings in Sprott Physical Gold Trust by 0.9% during the fourth quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock worth $1,591,000 after buying an additional 408 shares during the last quarter. Finally, NovaPoint Capital LLC lifted its stake in shares of Sprott Physical Gold Trust by 0.3% in the fourth quarter. NovaPoint Capital LLC now owns 147,330 shares of the exchange traded fund’s stock valued at $4,865,000 after buying an additional 446 shares in the last quarter.

Sprott Physical Gold Trust Trading Up 1.0%

Shares of NYSEARCA PHYS opened at $34.01 on Friday. The company has a 50-day moving average price of $35.10 and a 200-day moving average price of $35.25. Sprott Physical Gold Trust has a 1 year low of $24.86 and a 1 year high of $42.07.

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.