Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd lifted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 131.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 80,720 shares of the exchange traded fund’s stock after purchasing an additional 45,835 shares during the quarter. XTX Topco Ltd’s holdings in Sprott Physical Gold Trust were worth $1,626,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PHYS. Jones Financial Companies Lllp purchased a new position in shares of Sprott Physical Gold Trust during the fourth quarter worth $39,000. Smartleaf Asset Management LLC acquired a new position in Sprott Physical Gold Trust during the 4th quarter worth about $40,000. Smithfield Trust Co purchased a new position in Sprott Physical Gold Trust during the 4th quarter valued at about $50,000. Creative Financial Designs Inc. ADV acquired a new position in Sprott Physical Gold Trust in the 4th quarter valued at about $50,000. Finally, Salomon & Ludwin LLC purchased a new stake in Sprott Physical Gold Trust during the fourth quarter worth about $65,000.

Sprott Physical Gold Trust Price Performance

Shares of PHYS opened at $24.69 on Tuesday. The company’s 50-day simple moving average is $23.08 and its 200-day simple moving average is $21.51. Sprott Physical Gold Trust has a 1 year low of $17.64 and a 1 year high of $24.89.

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.