Kera Capital Partners Inc. lifted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS – Free Report) by 55.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 356,193 shares of the exchange traded fund’s stock after purchasing an additional 127,170 shares during the period. Sprott Physical Gold Trust makes up about 1.6% of Kera Capital Partners Inc.’s holdings, making the stock its 8th biggest position. Kera Capital Partners Inc.’s holdings in Sprott Physical Gold Trust were worth $12,987,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. Fiduciary Alliance LLC boosted its position in shares of Sprott Physical Gold Trust by 4.4% in the 4th quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock valued at $238,000 after purchasing an additional 300 shares during the period. Latitude Advisors LLC increased its stake in Sprott Physical Gold Trust by 1.0% in the 4th quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock worth $1,008,000 after purchasing an additional 300 shares in the last quarter. Principal Securities Inc. raised its holdings in Sprott Physical Gold Trust by 2.5% during the 4th quarter. Principal Securities Inc. now owns 12,600 shares of the exchange traded fund’s stock worth $416,000 after buying an additional 302 shares during the period. Euro Pacific Asset Management LLC raised its holdings in Sprott Physical Gold Trust by 0.9% during the 4th quarter. Euro Pacific Asset Management LLC now owns 48,180 shares of the exchange traded fund’s stock worth $1,591,000 after buying an additional 408 shares during the period. Finally, Manchester Financial Inc. lifted its stake in Sprott Physical Gold Trust by 5.9% during the fourth quarter. Manchester Financial Inc. now owns 7,360 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 410 shares in the last quarter.
Sprott Physical Gold Trust Trading Down 0.4%
Shares of PHYS opened at $31.82 on Friday. The company has a 50-day moving average of $34.49 and a two-hundred day moving average of $35.38. Sprott Physical Gold Trust has a one year low of $24.86 and a one year high of $42.07.
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.
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