Vise Technologies Inc. Raises Holdings in Sprott Physical Gold Trust $PHYS

Vise Technologies Inc. grew its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 487.7% in the fourth quarter, HoldingsChannel reports. The firm owned 76,798 shares of the exchange traded fund’s stock after buying an additional 63,731 shares during the quarter. Vise Technologies Inc.’s holdings in Sprott Physical Gold Trust were worth $2,536,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co grew its position in shares of Sprott Physical Gold Trust by 9.1% during 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 in the last quarter. Pekin Hardy Strauss Inc. grew its position in shares of Sprott Physical Gold Trust by 1.3% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 4,318,119 shares of the exchange traded fund’s stock valued at $142,584,000 after purchasing an additional 56,549 shares in the last quarter. Jupiter Asset Management Ltd. grew its position in shares of Sprott Physical Gold Trust by 9.9% during the fourth quarter. Jupiter Asset Management Ltd. now owns 3,457,370 shares of the exchange traded fund’s stock valued at $114,197,000 after purchasing an additional 311,515 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Sprott Physical Gold Trust by 15.5% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,035,301 shares of the exchange traded fund’s stock valued at $100,226,000 after purchasing an additional 407,271 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Sprott Physical Gold Trust by 0.3% during 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 in the last quarter.

Sprott Physical Gold Trust Stock Performance

Shares of Sprott Physical Gold Trust stock opened at $32.54 on Friday. The business has a 50-day moving average price of $35.02 and a 200-day moving average price of $35.31. Sprott Physical Gold Trust has a twelve month low of $24.86 and a twelve month 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.