IMC Chicago LLC Increases Holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS)

IMC Chicago LLC boosted its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 5,078.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,025,763 shares of the exchange traded fund’s stock after purchasing an additional 1,986,646 shares during the period. IMC Chicago LLC owned about 0.51% of Sprott Physical Gold Trust worth $40,799,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brookstone Capital Management boosted its position in shares of Sprott Physical Gold Trust by 21.3% in the 3rd quarter. Brookstone Capital Management now owns 159,593 shares of the exchange traded fund’s stock worth $3,253,000 after purchasing an additional 28,044 shares in the last quarter. Montis Financial LLC raised its holdings in Sprott Physical Gold Trust by 2.8% in the 3rd quarter. Montis Financial LLC now owns 90,659 shares of the exchange traded fund’s stock worth $1,848,000 after acquiring an additional 2,500 shares during the last quarter. Concourse Financial Group Securities Inc. raised its holdings in Sprott Physical Gold Trust by 9.8% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 6,893 shares of the exchange traded fund’s stock worth $140,000 after acquiring an additional 615 shares during the last quarter. Oliver Luxxe Assets LLC purchased a new stake in Sprott Physical Gold Trust during the 3rd quarter valued at $203,000. Finally, Vontobel Holding Ltd. purchased a new stake in Sprott Physical Gold Trust during the 3rd quarter valued at $204,000.

Sprott Physical Gold Trust Trading Down 0.3 %

Shares of PHYS opened at $22.14 on Friday. The firm has a fifty day simple moving average of $20.70 and a two-hundred day simple moving average of $20.24. Sprott Physical Gold Trust has a 1-year low of $15.31 and a 1-year high of $22.32.

Sprott Physical Gold Trust Company 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.