Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Insight Wealth Partners LLC

Insight Wealth Partners LLC lowered its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 13.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,153 shares of the exchange traded fund’s stock after selling 21,474 shares during the quarter. Sprott Physical Gold Trust comprises approximately 0.4% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 18th biggest holding. Insight Wealth Partners LLC’s holdings in Sprott Physical Gold Trust were worth $2,495,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Latitude Advisors LLC increased its stake in shares of Sprott Physical Gold Trust by 2.2% in the first quarter. Latitude Advisors LLC now owns 27,571 shares of the exchange traded fund’s stock valued at $477,000 after purchasing an additional 600 shares during the period. Koshinski Asset Management Inc. increased its stake in shares of Sprott Physical Gold Trust by 9.0% during the first quarter. Koshinski Asset Management Inc. now owns 16,975 shares of the exchange traded fund’s stock valued at $294,000 after acquiring an additional 1,405 shares during the period. Perritt Capital Management Inc. increased its stake in shares of Sprott Physical Gold Trust by 0.6% during the first quarter. Perritt Capital Management Inc. now owns 348,757 shares of the exchange traded fund’s stock valued at $6,034,000 after acquiring an additional 2,027 shares during the period. S.A. Mason LLC increased its stake in shares of Sprott Physical Gold Trust by 16.4% during the second quarter. S.A. Mason LLC now owns 19,232 shares of the exchange traded fund’s stock valued at $347,000 after acquiring an additional 2,712 shares during the period. Finally, Great Valley Advisor Group Inc. increased its stake in shares of Sprott Physical Gold Trust by 2.4% during the second quarter. Great Valley Advisor Group Inc. now owns 119,616 shares of the exchange traded fund’s stock valued at $2,160,000 after acquiring an additional 2,826 shares during the period.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA PHYS traded up $0.32 during mid-day trading on Friday, reaching $19.42. 5,632,013 shares of the company traded hands, compared to its average volume of 2,054,331. Sprott Physical Gold Trust has a fifty-two week low of $14.00 and a fifty-two week high of $19.42. The stock has a fifty day simple moving average of $18.50 and a 200-day simple moving average of $17.68.

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.