IMC Chicago LLC Increases Position in Sprott Physical Gold Trust $PHYS

IMC Chicago LLC lifted its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 274.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 412,085 shares of the exchange traded fund’s stock after buying an additional 302,082 shares during the period. IMC Chicago LLC owned approximately 0.09% of Sprott Physical Gold Trust worth $13,607,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PHYS. AQR Capital Management LLC purchased a new position in shares of Sprott Physical Gold Trust in the 1st quarter worth approximately $260,000. Focus Partners Wealth purchased a new position in shares of Sprott Physical Gold Trust in the 1st quarter worth approximately $200,000. Cerity Partners LLC boosted its stake in shares of Sprott Physical Gold Trust by 14.0% in the 2nd quarter. Cerity Partners LLC now owns 77,964 shares of the exchange traded fund’s stock worth $1,976,000 after buying an additional 9,585 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Sprott Physical Gold Trust by 43.6% in the 2nd quarter. NewEdge Advisors LLC now owns 91,329 shares of the exchange traded fund’s stock worth $2,315,000 after buying an additional 27,724 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in shares of Sprott Physical Gold Trust in the 2nd quarter worth approximately $489,000.

Sprott Physical Gold Trust Stock Performance

Shares of NYSEARCA PHYS opened at $34.78 on Wednesday. Sprott Physical Gold Trust has a twelve month low of $24.07 and a twelve month high of $42.07. The stock’s 50 day moving average price is $36.80 and its 200-day moving average price is $34.71.

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.