Central Trust Co. has recently announced that it has increased stake in Sprott Physical Gold Trust (NYSE:PHYS) by 2.76%. After grabbing 6.13 million shares, the institutional investor is now in possession of 0.16 million shares of the Financial Company. The new investment brought the stake of investor firm to 1.53% having worth around $97.58 million. Moreover, RBC Dominion Securities, Inc. increased its share by 0.54 million to have a control over 5.55 million shares. And Morgan Stanley Smith Barney LLC raised its holdings to 0.16 million shares by acquiring 5.25 million shares or 1.31% of the stake.
Sprott Physical Gold Trust (PHYS) concluded trading on Wednesday at a closing price of $15.49, with 2.98 million shares of worth about $46.12 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.24% during that period and On Wednesday, January 24 the price saw a loss of about -1.21%. Currently the company’s common shares owned by public are about 401.31M shares, out of which, 400.41M shares are available for trading.
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Jupiter Asset Mgmt. Series Plc -, SMI Dynamic Allocation Fund, and SMI Multi-Strategy Fund are the top 3 mutual funds which are holding stakes in Sprott Physical Gold Trust Jupiter Asset Mgmt. Series Plc – is currently holding 3.6 million shares of worth totaling $57.32 million. The company recently came selling -0.67 million shares which brought its stake up to 0.90% of the company’s outstanding shares. SMI Multi-Strategy Fund, after buying 0.53 million shares, have now control over 0.13% of the stake in the company. It holds 0.0 shares of worth $8.47 million.
However, the stock later moved at a day high price of 15.71, or with a loss of -1.21%. Stock saw a price change of 0.13% in past 5 days and over the past one month there was a price change of -2.21%. Year-to-date (YTD), PHYS shares are showing a performance of -2.76% which increased to 3.40% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.94 but also hit the highest price of $16.15 during that period. The average intraday trading volume for Sprott Physical Gold Trust shares is 2.14 million. The stock is currently trading -1.78% below its 20-day simple moving average (SMA20), while that difference is down -1.27% for SMA50 and it goes to 1.24% higher than SMA200.
Central Trust Co. acquired 6.13 million shares of Sprott Physical Gold Trust having value of about $97.58 million. Data submitted at the U.S SEC by Central Trust Co. revealed that the firm now holds 0.16 million shares in the company valued at close to $2545456.21, or have control over 2.76% stake in the company. Holding of mutual funds in the company is about 1.74% while other institutional holders and individual stake holders have control over 27.16% and — of the stake respectively.
The stock has a current market capitalization of $6.22B and its 3Y-monthly beta is at 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PHYS, volatility over the week remained 0.92% while standing at 0.94% over the month.
Analysts are in expectations that Sprott Physical Gold Trust (PHYS) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same.
