Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Sprott Physical Gold and Silver Trust shares crossed above their 200-day moving average, reaching $48.38 before last trading at $47.24, compared with a 200-day average of $46.46.
• Institutional interest has increased, with Morgan Stanley and Raymond James expanding their positions, while IMC Chicago and Weiss Asset Management initiated new stakes.
• The trust provides direct exposure to allocated physical gold and silver bullion stored in secure vaults, offering an alternative to precious-metals equities or futures.

Shares of Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $46.46 and traded as high as $48.38. Sprott Physical Gold and Silver Trust shares last traded at $47.24, with a volume of 654,661 shares changing hands.

Sprott Physical Gold and Silver Trust Stock Performance

The firm has a 50 day moving average price of $41.93 and a two-hundred day moving average price of $46.46.

Hedge Funds Weigh In On Sprott Physical Gold and Silver Trust

Several hedge funds have recently bought and sold shares of the business. Morgan Stanley lifted its position in shares of Sprott Physical Gold and Silver Trust by 9.8% during the 4th quarter. Morgan Stanley now owns 5,627,038 shares of the company's stock worth $257,718,000 after purchasing an additional 499,996 shares during the last quarter. Jupiter Asset Management Ltd. boosted its stake in Sprott Physical Gold and Silver Trust by 1.5% during the fourth quarter. Jupiter Asset Management Ltd. now owns 3,604,249 shares of the company's stock worth $164,822,000 after buying an additional 52,815 shares in the last quarter. IMC Chicago LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the 1st quarter valued at about $165,346,000. Weiss Asset Management LP bought a new stake in shares of Sprott Physical Gold and Silver Trust in the 1st quarter valued at approximately $83,009,000. Finally, Raymond James Financial Inc. grew its position in Sprott Physical Gold and Silver Trust by 6.9% in the third quarter. Raymond James Financial Inc. now owns 1,129,712 shares of the company's stock valued at $41,449,000 after acquiring an additional 73,201 shares during the period.

Sprott Physical Gold and Silver Trust Company Profile

The Sprott Physical Gold and Silver Trust NYSEAMERICAN: CEF is a closed-end investment trust that provides investors with direct exposure to physical gold and silver bullion. Established in 2019 and sponsored by Sprott Asset Management, the trust holds allocated London Good Delivery gold bars and London Silver Fix silver bars in secure vaults, offering a transparent alternative to traditional equity- or futures-based precious metals vehicles. Each trust unit represents a proportional interest in the bullion holdings, and investors gain ownership of the underlying metal without assuming the logistics of purchase, storage, or insurance.

To maintain its inventory, the trust purchases bullion through approved bullion dealers and London bullion market participants.

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