Simplicity Wealth LLC Has $591,000 Holdings in Sprott Physical Gold Trust $PHYS

Simplicity Wealth LLC cut its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 77.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,899 shares of the exchange traded fund’s stock after selling 61,137 shares during the quarter. Simplicity Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $591,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. CENTRAL TRUST Co grew its stake in Sprott Physical Gold Trust by 9.1% in the 3rd quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock valued at $137,709,000 after buying an additional 388,033 shares during the last quarter. Pekin Hardy Strauss Inc. grew its stake in Sprott Physical Gold Trust by 1.3% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 4,318,119 shares of the exchange traded fund’s stock valued at $142,584,000 after buying an additional 56,549 shares during the last quarter. Jupiter Asset Management Ltd. grew its stake in Sprott Physical Gold Trust by 39.8% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock valued at $92,913,000 after buying an additional 896,347 shares during the last quarter. Captrust Financial Advisors grew its stake in Sprott Physical Gold Trust by 0.3% in the 3rd quarter. Captrust Financial Advisors now owns 2,460,899 shares of the exchange traded fund’s stock valued at $72,892,000 after buying an additional 7,559 shares during the last quarter. Finally, Sprott Inc. grew its stake in Sprott Physical Gold Trust by 16.6% in the 3rd quarter. Sprott Inc. now owns 2,265,812 shares of the exchange traded fund’s stock valued at $67,115,000 after buying an additional 323,383 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

Shares of Sprott Physical Gold Trust stock opened at $34.90 on Friday. Sprott Physical Gold Trust has a fifty-two week low of $24.07 and a fifty-two week high of $42.07. The firm has a fifty day moving average price of $36.68 and a two-hundred day moving average price of $34.71.

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