Sprott Physical Gold Trust (NYSEARCA:PHYS) Stock Holdings Lifted by Procyon Advisors LLC

Procyon Advisors LLC lifted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 50,172 shares of the exchange traded fund’s stock after acquiring an additional 686 shares during the quarter. Procyon Advisors LLC’s holdings in Sprott Physical Gold Trust were worth $1,010,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PHYS. Envestnet Asset Management Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 28.8% during the second quarter. Envestnet Asset Management Inc. now owns 1,615,548 shares of the exchange traded fund’s stock valued at $29,177,000 after purchasing an additional 361,514 shares during the last quarter. Blair William & Co. IL lifted its stake in Sprott Physical Gold Trust by 1.1% during the second quarter. Blair William & Co. IL now owns 265,271 shares of the exchange traded fund’s stock valued at $4,791,000 after buying an additional 2,800 shares in the last quarter. AE Wealth Management LLC boosted its holdings in shares of Sprott Physical Gold Trust by 5.9% in the second quarter. AE Wealth Management LLC now owns 61,370 shares of the exchange traded fund’s stock worth $1,108,000 after buying an additional 3,426 shares during the period. Bank of Montreal Can increased its position in shares of Sprott Physical Gold Trust by 9.6% in the second quarter. Bank of Montreal Can now owns 749,512 shares of the exchange traded fund’s stock worth $13,746,000 after acquiring an additional 65,546 shares in the last quarter. Finally, Insigneo Advisory Services LLC purchased a new position in shares of Sprott Physical Gold Trust in the second quarter worth approximately $644,000.

Sprott Physical Gold Trust Stock Performance

Shares of NYSEARCA:PHYS opened at $20.87 on Friday. The firm has a 50 day simple moving average of $20.32 and a 200 day simple moving average of $19.96. Sprott Physical Gold Trust has a 52 week low of $15.31 and a 52 week high of $21.70.

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.