Insight Wealth Partners LLC Decreases Holdings in Sprott Physical Gold Trust $PHYS

Insight Wealth Partners LLC trimmed its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 11.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 74,065 shares of the exchange traded fund’s stock after selling 9,964 shares during the period. Sprott Physical Gold Trust accounts for about 0.7% of Insight Wealth Partners LLC’s holdings, making the stock its 28th biggest holding. Insight Wealth Partners LLC’s holdings in Sprott Physical Gold Trust were worth $1,878,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. boosted its position in Sprott Physical Gold Trust by 66.7% during the 2nd quarter. Ameriflex Group Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 400 shares during the period. Tradewinds Capital Management LLC boosted its position in Sprott Physical Gold Trust by 59.8% during the 2nd quarter. Tradewinds Capital Management LLC now owns 1,088 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 407 shares during the period. Cheviot Value Management LLC purchased a new stake in Sprott Physical Gold Trust during the 1st quarter worth $30,000. Hilltop National Bank purchased a new stake in Sprott Physical Gold Trust during the 2nd quarter worth $32,000. Finally, Assetmark Inc. purchased a new stake in Sprott Physical Gold Trust during the 1st quarter worth $31,000.

Sprott Physical Gold Trust Stock Down 0.4%

Shares of Sprott Physical Gold Trust stock opened at $31.06 on Friday. The company has a fifty day moving average price of $28.77 and a 200 day moving average price of $26.56. Sprott Physical Gold Trust has a twelve month low of $19.63 and a twelve month high of $33.31.

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.