Jupiter Asset Management Ltd. trimmed its holdings in shares of Sprott Physical Gold Trust ( NYSEARCA:PHYS – Free Report ) by 11.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,763,913 shares of the exchange traded fund's stock after selling 508,675 shares during the period. Sprott Physical Gold Trust comprises 0.8% of Jupiter Asset Management Ltd.'s investment portfolio, making the stock its 20th biggest holding.

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