Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 12-Month High - What's Next?

Key Points

• Sprott Physical Gold and Silver Trust's share price reached a new 52-week high, trading at $37.81 with a volume of 51,036 shares.
• Institutional investors have shown significant interest, with large purchases including Bluefin Capital Management acquiring approximately $37.8 million in the first quarter.
• The company operates as a closed-ended investment fund and was founded on October 26, 2017, with its headquarters in Toronto, Canada.

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - )'s share price reached a new 52-week high on Monday . The stock traded as high as $37.72 and last traded at $37.81, with a volume of 51036 shares changing hands. The stock had previously closed at $37.23.

Sprott Physical Gold and Silver Trust Trading Up 1.7%

The company's 50-day simple moving average is $32.89 and its 200-day simple moving average is $30.63.

Institutional Investors Weigh In On Sprott Physical Gold and Silver Trust

A number of large investors have recently bought and sold shares of the company. Bluefin Capital Management LLC acquired a new position in Sprott Physical Gold and Silver Trust during the first quarter valued at approximately $37,797,000. Arkadios Wealth Advisors bought a new position in shares of Sprott Physical Gold and Silver Trust in the 1st quarter valued at $7,436,000. GAMMA Investing LLC raised its holdings in shares of Sprott Physical Gold and Silver Trust by 2,741.0% during the 1st quarter. GAMMA Investing LLC now owns 56,820 shares of the company's stock worth $1,614,000 after buying an additional 54,820 shares in the last quarter. Simplicity Wealth LLC increased its position in Sprott Physical Gold and Silver Trust by 95.1% during the 1st 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. Finally, Petra Financial Advisors Inc. bought a new stake in Sprott Physical Gold and Silver Trust during the 1st quarter worth $275,000.

About Sprott Physical Gold and Silver Trust

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.

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