StoneX Group Inc. Purchases 69,252 Shares of Sprott Physical Gold Trust $PHYS

StoneX Group Inc. acquired a new stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 69,252 shares of the exchange traded fund’s stock, valued at approximately $2,166,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PHYS. Tennessee Valley Asset Management Partners acquired a new stake in shares of Sprott Physical Gold Trust during the 3rd quarter valued at about $206,000. Parallel Advisors LLC raised its position in Sprott Physical Gold Trust by 2,716.4% in the third quarter. Parallel Advisors LLC now owns 226,806 shares of the exchange traded fund’s stock worth $7,092,000 after purchasing an additional 218,753 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its position in Sprott Physical Gold Trust by 26.8% in the third quarter. Ashton Thomas Private Wealth LLC now owns 28,344 shares of the exchange traded fund’s stock worth $886,000 after purchasing an additional 5,987 shares in the last quarter. Asset One Wealth Management LLC lifted its stake in Sprott Physical Gold Trust by 2.8% during the third quarter. Asset One Wealth Management LLC now owns 411,442 shares of the exchange traded fund’s stock worth $12,866,000 after purchasing an additional 11,143 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in Sprott Physical Gold Trust by 6.0% during the third quarter. International Assets Investment Management LLC now owns 10,300 shares of the exchange traded fund’s stock worth $324,000 after purchasing an additional 584 shares during the period.

Sprott Physical Gold Trust Price Performance

NYSEARCA PHYS opened at $30.72 on Monday. The stock’s 50 day moving average is $31.72 and its two-hundred day moving average is $33.92. Sprott Physical Gold Trust has a 1-year low of $29.27 and a 1-year high of $42.07.

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.