Apollon Wealth Management LLC Sells 5,390 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Apollon Wealth Management LLC lessened its holdings in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 20.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,225 shares of the exchange traded fund’s stock after selling 5,390 shares during the quarter. Apollon Wealth Management LLC’s holdings in Sprott Physical Gold Trust were worth $433,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Banque Cantonale Vaudoise bought a new position in shares of Sprott Physical Gold Trust during the 2nd quarter worth $36,000. St. Johns Investment Management Company LLC bought a new position in shares of Sprott Physical Gold Trust during the 3rd quarter worth $51,000. Sunbelt Securities Inc. bought a new position in shares of Sprott Physical Gold Trust during the 2nd quarter worth $51,000. 1620 Investment Advisors Inc. bought a new position in shares of Sprott Physical Gold Trust during the 2nd quarter worth $55,000. Finally, Evermay Wealth Management LLC grew its position in shares of Sprott Physical Gold Trust by 567.7% during the 1st quarter. Evermay Wealth Management LLC now owns 3,906 shares of the exchange traded fund’s stock worth $68,000 after buying an additional 3,321 shares in the last quarter.

Sprott Physical Gold Trust Price Performance

PHYS opened at $19.67 on Monday. Sprott Physical Gold Trust has a 12-month low of $15.31 and a 12-month high of $21.70. The business’s fifty day simple moving average is $20.56 and its 200-day simple moving average is $19.28.

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.