Vise Technologies Inc. Boosts Stake in Sprott Physical Gold Trust $PHYS

Vise Technologies Inc. lifted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 487.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,798 shares of the exchange traded fund’s stock after purchasing an additional 63,731 shares during the period. Vise Technologies Inc.’s holdings in Sprott Physical Gold Trust were worth $2,536,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of PHYS. 3EDGE Asset Management LP purchased a new stake in Sprott Physical Gold Trust in the 4th quarter worth $31,652,000. Jupiter Asset Management Ltd. increased its stake in Sprott Physical Gold Trust by 39.8% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 3,145,855 shares of the exchange traded fund’s stock worth $92,913,000 after buying an additional 896,347 shares in the last quarter. Jane Street Group LLC increased its stake in Sprott Physical Gold Trust by 65.8% in the 2nd quarter. Jane Street Group LLC now owns 1,618,276 shares of the exchange traded fund’s stock worth $41,023,000 after buying an additional 642,224 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Sprott Physical Gold Trust by 15.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 3,035,301 shares of the exchange traded fund’s stock worth $100,226,000 after buying an additional 407,271 shares in the last quarter. Finally, CENTRAL TRUST Co increased its stake in Sprott Physical Gold Trust by 9.1% in the 3rd quarter. CENTRAL TRUST Co now owns 4,649,181 shares of the exchange traded fund’s stock worth $137,709,000 after buying an additional 388,033 shares in the last quarter.

Sprott Physical Gold Trust Trading Down 3.8%

Shares of PHYS stock opened at $32.54 on Friday. Sprott Physical Gold Trust has a 52-week low of $24.86 and a 52-week high of $42.07. The stock has a fifty day simple moving average of $35.02 and a two-hundred day simple moving average of $35.31.

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.