Polar Asset Management Partners Inc. decreased its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 36.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,373,955 shares of the exchange traded fund’s stock after selling 2,542,689 shares during the quarter. Sprott Physical Gold Trust comprises about 1.3% of Polar Asset Management Partners Inc.’s portfolio, making the stock its 14th biggest holding. Polar Asset Management Partners Inc. owned about 1.10% of Sprott Physical Gold Trust worth $88,091,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of Sprott Physical Gold Trust in the fourth quarter valued at $44,631,000. Matauro LLC bought a new position in Sprott Physical Gold Trust in the 4th quarter valued at about $40,017,000. IMC Chicago LLC boosted its holdings in shares of Sprott Physical Gold Trust by 5,078.7% during the fourth quarter. IMC Chicago LLC now owns 2,025,763 shares of the exchange traded fund’s stock worth $40,799,000 after acquiring an additional 1,986,646 shares during the period. Jane Street Group LLC increased its stake in shares of Sprott Physical Gold Trust by 601.5% during the fourth quarter. Jane Street Group LLC now owns 1,989,077 shares of the exchange traded fund’s stock worth $40,060,000 after purchasing an additional 1,705,537 shares during the period. Finally, Kestra Advisory Services LLC boosted its stake in Sprott Physical Gold Trust by 1,026.9% in the 4th quarter. Kestra Advisory Services LLC now owns 1,451,077 shares of the exchange traded fund’s stock valued at $29,225,000 after purchasing an additional 1,322,305 shares during the period.
Sprott Physical Gold Trust Stock Down 2.5%
Shares of NYSEARCA PHYS opened at $24.18 on Thursday. The stock’s fifty day moving average price is $24.29 and its two-hundred day moving average price is $22.18. Sprott Physical Gold Trust has a one year low of $17.80 and a one year high of $26.36.
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.
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