Tompkins Financial Corp Purchases 5,600 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Tompkins Financial Corp grew its position in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 10.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,000 shares of the exchange traded fund’s stock after acquiring an additional 5,600 shares during the quarter. Tompkins Financial Corp’s holdings in Sprott Physical Gold Trust were worth $880,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AXS Investments LLC acquired a new stake in shares of Sprott Physical Gold Trust in the 4th quarter worth about $58,000. Credit Suisse AG bought a new position in shares of Sprott Physical Gold Trust in the second quarter valued at approximately $66,000. CoreCap Advisors LLC purchased a new position in shares of Sprott Physical Gold Trust during the fourth quarter valued at approximately $90,000. Cambridge Trust Co. bought a new stake in Sprott Physical Gold Trust during the first quarter worth $110,000. Finally, Pacific Center for Financial Services purchased a new stake in Sprott Physical Gold Trust in the 1st quarter valued at $135,000.

Sprott Physical Gold Trust Price Performance

NYSEARCA:PHYS traded up $0.02 during trading hours on Tuesday, hitting $15.08. 234,387 shares of the company traded hands, compared to its average volume of 1,746,268. Sprott Physical Gold Trust has a one year low of $12.48 and a one year high of $16.10. The firm’s 50-day simple moving average is $15.06 and its 200-day simple moving average is $15.21.

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.