World Investment Advisors Has $5.69 Million Holdings in Sprott Physical Gold Trust $PHYS

World Investment Advisors grew its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 36.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 192,058 shares of the exchange traded fund’s stock after acquiring an additional 51,243 shares during the period. World Investment Advisors’ holdings in Sprott Physical Gold Trust were worth $5,689,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ameriflex Group Inc. increased its holdings in Sprott Physical Gold Trust by 66.7% in the 2nd quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 400 shares in the last quarter. Manchester Capital Management LLC bought a new position in shares of Sprott Physical Gold Trust during the second quarter valued at $25,000. Tradewinds Capital Management LLC lifted its holdings in shares of Sprott Physical Gold Trust by 59.8% during the second quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 407 shares during the period. MTM Investment Management LLC bought a new stake in shares of Sprott Physical Gold Trust in the second quarter worth $30,000. Finally, Hilltop National Bank acquired a new stake in Sprott Physical Gold Trust in the second quarter valued at $32,000.

Sprott Physical Gold Trust Stock Down 0.6%

Shares of NYSEARCA:PHYS opened at $34.28 on Friday. Sprott Physical Gold Trust has a 12-month low of $19.96 and a 12-month high of $34.47. The business has a fifty day simple moving average of $31.75 and a 200 day simple moving average of $28.61.

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.