Ieq Capital LLC Grows Holdings in Sprott Physical Gold and Silver Trust $CEF

Key Points

• Ieq Capital LLC increased its stake in Sprott Physical Gold and Silver Trust by 18.2%, acquiring an additional 9,974 shares in the first quarter, bringing its total holdings to 64,852 shares valued at approximately $1.84 million.
• Several other hedge funds also boosted their positions in the trust, with Summit Financial LLC marking the most significant increase of 55.2% during the same period.
• Sprott Physical Gold and Silver Trust's stock performance shows a one-year range with a low of $22.68 and a high of $32.23, currently trading around $32.23.

Ieq Capital LLC grew its holdings in shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 18.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 64,852 shares of the company's stock after purchasing an additional 9,974 shares during the quarter. Ieq Capital LLC's holdings in Sprott Physical Gold and Silver Trust were worth $1,842,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CEF. Susquehanna International Group LLP grew its holdings in Sprott Physical Gold and Silver Trust by 1,154.4% during the fourth quarter. Susquehanna International Group LLP now owns 131,850 shares of the company's stock valued at $3,133,000 after purchasing an additional 121,339 shares during the period. Jane Street Group LLC grew its holdings in Sprott Physical Gold and Silver Trust by 50.3% during the fourth quarter. Jane Street Group LLC now owns 828,776 shares of the company's stock valued at $19,692,000 after purchasing an additional 277,315 shares during the period. Baird Financial Group Inc. grew its holdings in Sprott Physical Gold and Silver Trust by 2.8% during the fourth quarter. Baird Financial Group Inc. now owns 1,378,907 shares of the company's stock valued at $32,763,000 after purchasing an additional 37,604 shares during the period. Chapman Financial Group LLC purchased a new stake in Sprott Physical Gold and Silver Trust in the 4th quarter worth approximately $67,000. Finally, First Manhattan CO. LLC. increased its holdings in Sprott Physical Gold and Silver Trust by 42.9% in the 4th quarter. First Manhattan CO. LLC. now owns 56,457 shares of the company's stock worth $1,341,000 after acquiring an additional 16,956 shares in the last quarter.

Sprott Physical Gold and Silver Trust Trading Up 1.0%

Sprott Physical Gold and Silver Trust stock traded up $0.32 during midday trading on Friday, hitting $33.40. The stock had a trading volume of 969,709 shares, compared to its average volume of 630,764. The firm's fifty day moving average is $31.14 and its two-hundred day moving average is $29.37. Sprott Physical Gold and Silver Trust has a 52-week low of $22.73 and a 52-week high of $33.58.

Sprott Physical Gold and Silver Trust Profile

Sprott Physical Gold & Silver Trust operates as a closed-ended investment fund/investment trust. The company was founded on October 26, 2017 and is headquartered in Toronto, Canada.