Tompkins Financial Corp Has $891,000 Position in Sprott Physical Gold Trust (NYSEARCA:PHYS)

Tompkins Financial Corp boosted its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 43,700 shares of the exchange traded fund’s stock after acquiring an additional 700 shares during the quarter. Tompkins Financial Corp’s holdings in Sprott Physical Gold Trust were worth $891,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PHYS. International Assets Investment Management LLC increased its position in Sprott Physical Gold Trust by 2,471.9% in the 3rd quarter. International Assets Investment Management LLC now owns 2,859,518 shares of the exchange traded fund’s stock valued at $58,277,000 after acquiring an additional 2,748,335 shares during the period. Bluefin Capital Management LLC increased its stake in shares of Sprott Physical Gold Trust by 478.6% in the first quarter. Bluefin Capital Management LLC now owns 2,023,920 shares of the exchange traded fund’s stock valued at $35,014,000 after buying an additional 1,674,108 shares during the period. Cetera Investment Advisers raised its position in shares of Sprott Physical Gold Trust by 791.8% during the first quarter. Cetera Investment Advisers now owns 1,091,188 shares of the exchange traded fund’s stock worth $18,878,000 after acquiring an additional 968,835 shares during the last quarter. Raymond James & Associates increased its position in Sprott Physical Gold Trust by 73.3% during the 3rd quarter. Raymond James & Associates now owns 1,602,282 shares of the exchange traded fund’s stock valued at $32,655,000 after purchasing an additional 677,623 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Sprott Physical Gold Trust during the 2nd quarter worth approximately $9,884,000.

Sprott Physical Gold Trust Trading Down 0.8 %

Shares of NYSEARCA:PHYS traded down $0.16 during trading on Friday, reaching $20.74. The stock had a trading volume of 2,167,922 shares, compared to its average volume of 2,081,167. Sprott Physical Gold Trust has a 52 week low of $15.09 and a 52 week high of $21.70. The firm’s fifty day moving average is $20.53 and its 200 day moving average is $19.20.

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.