Jupiter Asset Management Ltd. Purchases 248,489 Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)

Key Points

• Jupiter Asset Management Ltd. has increased its stake in Sprott Physical Gold and Silver Trust by 11.7%, acquiring an additional 248,489 shares in the first quarter, bringing its total holdings to 2,377,960 shares.
• As of its latest filing, Jupiter's investment in Sprott Physical Gold and Silver Trust is valued at approximately $67,466,000, accounting for around 1.11% of the total shares.
• Sprott Physical Gold and Silver Trust's stock has seen a 1.8% increase, trading at $30.67, which is between its one-year low of $21.70 and high of $31.80.

Jupiter Asset Management Ltd. increased its position in Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Free Report) by 11.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,377,960 shares of the company's stock after acquiring an additional 248,489 shares during the period. Jupiter Asset Management Ltd. owned approximately 1.11% of Sprott Physical Gold and Silver Trust worth $67,466,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Arkadios Wealth Advisors purchased a new position in Sprott Physical Gold and Silver Trust in the first quarter valued at about $7,436,000. GAMMA Investing LLC grew its stake in shares of Sprott Physical Gold and Silver Trust by 2,741.0% during the first quarter. GAMMA Investing LLC now owns 56,820 shares of the company's stock valued at $1,614,000 after acquiring an additional 54,820 shares in the last quarter. Simplicity Wealth LLC grew its stake in Sprott Physical Gold and Silver Trust by 95.1% in the first quarter. Simplicity Wealth LLC now owns 93,006 shares of the company's stock worth $2,642,000 after purchasing an additional 45,346 shares in the last quarter. Petra Financial Advisors Inc. acquired a new position in Sprott Physical Gold and Silver Trust in the first quarter worth about $275,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in Sprott Physical Gold and Silver Trust by 47.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 212,738 shares of the company's stock worth $6,044,000 after purchasing an additional 68,609 shares in the last quarter.

Sprott Physical Gold and Silver Trust Stock Up 0.7%

NYSEAMERICAN:CEF traded up $0.20 during mid-day trading on Monday, reaching $30.87. The stock had a trading volume of 441,493 shares, compared to its average volume of 628,466. Sprott Physical Gold and Silver Trust has a 1-year low of $21.70 and a 1-year high of $31.80. The stock's 50 day simple moving average is $30.41 and its two-hundred day simple moving average is $28.03.

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.