RPS Advisory Solutions LLC Has $3.11 Million Position in Sprott Physical Gold Trust $PHYS

RPS Advisory Solutions LLC grew its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 59.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 94,197 shares of the exchange traded fund’s stock after acquiring an additional 35,267 shares during the quarter. Sprott Physical Gold Trust accounts for 1.5% of RPS Advisory Solutions LLC’s holdings, making the stock its 13th biggest position. RPS Advisory Solutions LLC’s holdings in Sprott Physical Gold Trust were worth $3,110,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Fiduciary Alliance LLC grew its holdings in Sprott Physical Gold Trust by 4.4% during the 4th quarter. Fiduciary Alliance LLC now owns 7,195 shares of the exchange traded fund’s stock worth $238,000 after acquiring an additional 300 shares during the period. Latitude Advisors LLC grew its holdings in Sprott Physical Gold Trust by 1.0% during the 4th quarter. Latitude Advisors LLC now owns 30,540 shares of the exchange traded fund’s stock worth $1,008,000 after acquiring an additional 300 shares during the period. Stratos Wealth Advisors LLC grew its holdings in Sprott Physical Gold Trust by 2.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 18,866 shares of the exchange traded fund’s stock worth $559,000 after acquiring an additional 392 shares during the period. Euro Pacific Asset Management LLC grew 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 acquiring an additional 408 shares during the period. Finally, NovaPoint Capital LLC grew its holdings in Sprott Physical Gold Trust by 0.3% during the 4th quarter. NovaPoint Capital LLC now owns 147,330 shares of the exchange traded fund’s stock worth $4,865,000 after acquiring an additional 446 shares during the period.

Sprott Physical Gold Trust Trading Down 1.7%

Shares of Sprott Physical Gold Trust stock opened at $33.90 on Wednesday. The business has a 50-day moving average price of $35.74 and a two-hundred day moving average price of $35.06. Sprott Physical Gold Trust has a 1-year low of $24.64 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.