AdvisorNet Financial Inc Grows Stock Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

AdvisorNet Financial Inc boosted its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7,000.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,550 shares of the exchange traded fund’s stock after acquiring an additional 3,500 shares during the quarter. AdvisorNet Financial Inc’s holdings in Sprott Physical Gold Trust were worth $71,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of PHYS. Legacy Investment Solutions LLC purchased a new stake in shares of Sprott Physical Gold Trust during the third quarter valued at approximately $28,000. Sunbelt Securities Inc. bought a new stake in Sprott Physical Gold Trust during the 2nd quarter valued at $51,000. St. Johns Investment Management Company LLC bought a new stake in Sprott Physical Gold Trust during the 3rd quarter valued at $51,000. Missouri Trust & Investment Co boosted its position in Sprott Physical Gold Trust by 160.9% during the 3rd quarter. Missouri Trust & Investment Co now owns 2,609 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 1,609 shares during the period. Finally, First Horizon Advisors Inc. purchased a new position in shares of Sprott Physical Gold Trust in the third quarter valued at about $54,000.

Sprott Physical Gold Trust Stock Down 0.4 %

Shares of NYSEARCA:PHYS opened at $20.87 on Friday. The company has a 50-day moving average price of $20.32 and a 200-day moving average price of $19.97. Sprott Physical Gold Trust has a 12 month low of $15.31 and a 12 month high of $21.70.

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.