Tidal Investments LLC Purchases 320,296 Shares of Sprott Physical Gold Trust $PHYS

Tidal Investments LLC grew its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 70.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 774,770 shares of the exchange traded fund’s stock after buying an additional 320,296 shares during the period. Tidal Investments LLC owned approximately 0.16% of Sprott Physical Gold Trust worth $23,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in PHYS. Heritage Wealth Advisors bought a new stake in Sprott Physical Gold Trust in the fourth quarter worth about $169,676,000. Evanson Financial LLC purchased a new stake in shares of Sprott Physical Gold Trust in the second quarter worth approximately $108,576,000. IMC Chicago LLC raised its holdings in shares of Sprott Physical Gold Trust by 494.3% in the first quarter. IMC Chicago LLC now owns 2,449,218 shares of the exchange traded fund’s stock worth $86,800,000 after buying an additional 2,037,133 shares during the period. CENTRAL TRUST Co lifted its stake in shares of Sprott Physical Gold Trust by 26.3% during the 1st quarter. CENTRAL TRUST Co now owns 5,542,655 shares of the exchange traded fund’s stock worth $196,432,000 after acquiring an additional 1,154,326 shares during the last quarter. Finally, 3EDGE Asset Management LP bought a new stake in shares of Sprott Physical Gold Trust during the 4th quarter worth approximately $31,652,000.

Sprott Physical Gold Trust Price Performance

Shares of PHYS opened at $32.67 on Friday. The firm has a fifty day moving average price of $32.28 and a 200-day moving average price of $34.03. Sprott Physical Gold Trust has a 12-month low of $27.85 and a 12-month high of $42.07.

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. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.