Intrua Financial LLC Takes Position in Sprott Physical Gold Trust $PHYS

Intrua Financial LLC purchased a new stake in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 65,544 shares of the exchange traded fund’s stock, valued at approximately $1,941,000.

A number of other hedge funds also recently modified their holdings of PHYS. AQR Capital Management LLC bought a new stake in shares of Sprott Physical Gold Trust in the 1st quarter valued at about $260,000. Focus Partners Wealth bought a new position in Sprott Physical Gold Trust during the 1st quarter worth approximately $200,000. Sowell Financial Services LLC lifted its position in shares of Sprott Physical Gold Trust by 502.6% in the 2nd quarter. Sowell Financial Services LLC now owns 308,088 shares of the exchange traded fund’s stock worth $7,810,000 after purchasing an additional 256,961 shares during the period. Clear Harbor Asset Management LLC bought a new stake in shares of Sprott Physical Gold Trust in the 2nd quarter valued at $210,000. Finally, Armstrong Advisory Group Inc. increased its position in shares of Sprott Physical Gold Trust by 51.3% during the second quarter. Armstrong Advisory Group Inc. now owns 11,794 shares of the exchange traded fund’s stock worth $299,000 after buying an additional 3,998 shares during the period.

Sprott Physical Gold Trust Price Performance

Shares of NYSEARCA:PHYS opened at $35.03 on Monday. The business’s 50-day moving average is $32.87 and its 200-day moving average is $29.61. Sprott Physical Gold Trust has a 1 year low of $20.85 and a 1 year high of $35.47.

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