Insider Buying: Sprott Focus Trust (NASDAQ:FUND) Portfolio Manager Buys $156,250.00 in Stock

Sprott Focus Trust (NASDAQ:FUND) Portfolio Manager W Whitney George purchased 25,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was acquired at an average cost of $6.25 per share, with a total value of $156,250.00. Following the acquisition, the portfolio manager now owns 6,531,427 shares in the company, valued at approximately $40,821,418.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

W Whitney George also recently made the following trade(s):

  • On Wednesday, July 8th, W Whitney George purchased 30,598 shares of Sprott Focus Trust stock. The stock was acquired at an average cost of $5.99 per share, with a total value of $183,282.02.

Shares of NASDAQ:FUND opened at $6.17 on Friday. Sprott Focus Trust has a 12 month low of $4.00 and a 12 month high of $7.49. The company has a 50-day moving average price of $5.95 and a 200 day moving average price of $6.07.

A number of hedge funds and other institutional investors have recently made changes to their positions in FUND. Advisor Group Holdings Inc. bought a new stake in Sprott Focus Trust in the first quarter worth about $85,000. Doliver Advisors LP lifted its stake in Sprott Focus Trust by 21.8% in the first quarter. Doliver Advisors LP now owns 21,653 shares of the financial services provider’s stock worth $120,000 after purchasing an additional 3,878 shares during the last quarter. HighTower Advisors LLC lifted its stake in Sprott Focus Trust by 18.9% in the first quarter. HighTower Advisors LLC now owns 38,841 shares of the financial services provider’s stock worth $201,000 after purchasing an additional 6,168 shares during the last quarter. Royal Bank of Canada lifted its stake in Sprott Focus Trust by 2.5% in the first quarter. Royal Bank of Canada now owns 97,343 shares of the financial services provider’s stock worth $491,000 after purchasing an additional 2,401 shares during the last quarter. Finally, UBS Group AG lifted its stake in Sprott Focus Trust by 11.8% in the first quarter. UBS Group AG now owns 104,942 shares of the financial services provider’s stock worth $529,000 after purchasing an additional 11,056 shares during the last quarter. 19.65% of the stock is owned by institutional investors and hedge funds.

About Sprott Focus Trust

There is no company description available for Sprott Focus Trust Inc.

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Insider Buying and Selling by Quarter for Sprott Focus Trust (NASDAQ:FUND)

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