Ashton Thomas Private Wealth LLC Grows Stake in Sprott Physical Gold Trust $PHYS

Ashton Thomas Private Wealth LLC grew its position in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 33.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,091 shares of the exchange traded fund’s stock after buying an additional 6,790 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Sprott Physical Gold Trust were worth $687,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Leavell Investment Management Inc. raised its holdings in shares of Sprott Physical Gold Trust by 17.3% in the second quarter. Leavell Investment Management Inc. now owns 164,410 shares of the exchange traded fund’s stock valued at $4,168,000 after acquiring an additional 24,232 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in Sprott Physical Gold Trust by 454.2% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 62,900 shares of the exchange traded fund’s stock valued at $1,595,000 after purchasing an additional 51,550 shares during the period. 3EDGE Asset Management LP raised its holdings in shares of Sprott Physical Gold Trust by 2.3% in the 2nd quarter. 3EDGE Asset Management LP now owns 688,425 shares of the exchange traded fund’s stock valued at $17,214,000 after purchasing an additional 15,674 shares in the last quarter. Intelligent Financial Strategies bought a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter valued at about $38,000. Finally, Strategic Blueprint LLC lifted its position in shares of Sprott Physical Gold Trust by 6.7% in the 2nd quarter. Strategic Blueprint LLC now owns 334,126 shares of the exchange traded fund’s stock worth $8,470,000 after purchasing an additional 20,888 shares during the period.

Sprott Physical Gold Trust Trading Up 2.1%

NYSEARCA PHYS opened at $30.43 on Friday. The firm’s 50 day moving average price is $29.12 and its 200-day moving average price is $26.75. Sprott Physical Gold Trust has a 52-week low of $19.63 and a 52-week high of $33.31.

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.