Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Sold by Insight Wealth Partners LLC

Insight Wealth Partners LLC lowered its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 127,601 shares of the exchange traded fund’s stock after selling 10,552 shares during the quarter. Sprott Physical Gold Trust comprises about 0.5% of Insight Wealth Partners LLC’s portfolio, making the stock its 22nd biggest holding. Insight Wealth Partners LLC’s holdings in Sprott Physical Gold Trust were worth $2,601,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pekin Hardy Strauss Inc. lifted its holdings in shares of Sprott Physical Gold Trust by 1.8% in the third quarter. Pekin Hardy Strauss Inc. now owns 4,051,964 shares of the exchange traded fund’s stock valued at $82,579,000 after buying an additional 73,355 shares during the period. International Assets Investment Management LLC lifted its stake in Sprott Physical Gold Trust by 2,471.9% during the third 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 purchasing an additional 2,748,335 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Sprott Physical Gold Trust by 29.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 2,271,370 shares of the exchange traded fund’s stock worth $41,021,000 after buying an additional 518,649 shares in the last quarter. Bluefin Capital Management LLC grew its position in 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 worth $35,014,000 after buying an additional 1,674,108 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Sprott Physical Gold Trust by 16.1% in the second quarter. Commonwealth Equity Services LLC now owns 1,777,810 shares of the exchange traded fund’s stock valued at $32,107,000 after buying an additional 247,138 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

PHYS opened at $20.21 on Wednesday. The business has a fifty day simple moving average of $20.64 and a 200-day simple moving average of $19.38. Sprott Physical Gold Trust has a fifty-two week low of $15.31 and a fifty-two week high of $21.70.

Sprott Physical Gold Trust 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.