Keybank National Association OH Buys 61,127 Shares of Sprott Physical Gold Trust $PHYS

Keybank National Association OH purchased a new position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 61,127 shares of the exchange traded fund’s stock, valued at approximately $1,911,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PHYS. Pekin Hardy Strauss Inc. purchased a new position in Sprott Physical Gold Trust in the third quarter valued at $138,180,000. Evanson Financial LLC purchased a new stake in shares of Sprott Physical Gold Trust during the 2nd quarter worth about $108,576,000. Kestra Advisory Services LLC boosted its stake in shares of Sprott Physical Gold Trust by 6.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 2,107,253 shares of the exchange traded fund’s stock worth $65,894,000 after acquiring an additional 126,300 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Sprott Physical Gold Trust by 5.6% during the 1st quarter. Cetera Investment Advisers now owns 1,726,789 shares of the exchange traded fund’s stock valued at $61,197,000 after acquiring an additional 91,695 shares during the period. Finally, WIT Partners Advisory Pte. Ltd. grew its position in shares of Sprott Physical Gold Trust by 48.9% during the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 1,401,170 shares of the exchange traded fund’s stock valued at $42,273,000 after acquiring an additional 459,950 shares during the period.

Sprott Physical Gold Trust Price Performance

Shares of Sprott Physical Gold Trust stock traded up $0.01 on Friday, hitting $29.30. The company’s stock had a trading volume of 1,774,477 shares, compared to its average volume of 5,115,191. Sprott Physical Gold Trust has a 1 year low of $29.11 and a 1 year high of $42.07. The firm has a fifty day moving average price of $31.38 and a 200-day moving average price of $33.72.

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