IMC Chicago LLC Boosts Stock Holdings in Sprott Physical Gold Trust $PHYS

IMC Chicago LLC boosted its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 274.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 412,085 shares of the exchange traded fund’s stock after purchasing an additional 302,082 shares during the period. IMC Chicago LLC’s holdings in Sprott Physical Gold Trust were worth $13,607,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the company. CENTRAL TRUST Co lifted its stake in Sprott Physical Gold Trust by 9.1% in the third quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock valued at $137,709,000 after purchasing an additional 388,033 shares during the last quarter. Jupiter Asset Management Ltd. lifted its stake in Sprott Physical Gold Trust by 39.8% in the third quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock valued at $92,913,000 after purchasing an additional 896,347 shares during the last quarter. Captrust Financial Advisors lifted its stake in Sprott Physical Gold Trust by 0.3% in the third quarter. Captrust Financial Advisors now owns 2,460,899 shares of the exchange traded fund’s stock valued at $72,892,000 after purchasing an additional 7,559 shares during the last quarter. Sprott Inc. lifted its stake in Sprott Physical Gold Trust by 16.6% in the third quarter. Sprott Inc. now owns 2,265,812 shares of the exchange traded fund’s stock valued at $67,115,000 after purchasing an additional 323,383 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in Sprott Physical Gold Trust by 65.8% in the second quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock valued at $41,023,000 after purchasing an additional 642,224 shares during the last quarter.

Sprott Physical Gold Trust Trading Down 1.9%

Sprott Physical Gold Trust stock opened at $34.78 on Wednesday. Sprott Physical Gold Trust has a 12 month low of $24.07 and a 12 month high of $42.07. The business’s 50 day simple moving average is $36.80 and its 200 day simple moving average is $34.71.

About Sprott Physical Gold Trust

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.