K.J. Harrison & Partners Inc Sells 18,290 Shares of Sprott Physical Gold Trust $PHYS

K.J. Harrison & Partners Inc cut its stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 268,206 shares of the exchange traded fund’s stock after selling 18,290 shares during the period. Sprott Physical Gold Trust makes up approximately 1.2% of K.J. Harrison & Partners Inc’s investment portfolio, making the stock its 17th largest holding. K.J. Harrison & Partners Inc’s holdings in Sprott Physical Gold Trust were worth $8,866,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. AQR Capital Management LLC acquired a new position in Sprott Physical Gold Trust in the first quarter valued at about $260,000. Focus Partners Wealth acquired a new position in shares of Sprott Physical Gold Trust during the 1st quarter worth about $200,000. Cerity Partners LLC increased 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 valued at $1,976,000 after acquiring an additional 9,585 shares during the last quarter. NewEdge Advisors LLC increased 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 valued at $2,315,000 after acquiring an additional 27,724 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter valued at approximately $489,000.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock opened at $35.48 on Thursday. The company’s 50 day simple moving average is $36.51 and its 200 day simple moving average is $34.79. Sprott Physical Gold Trust has a fifty-two week low of $24.07 and a fifty-two week high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.