Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Sets New 52-Week High – Here’s Why

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) shares reached a new 52-week high during trading on Thursday . The company traded as high as $28.42 and last traded at $28.32, with a volume of 428682 shares traded. The stock had previously closed at $28.22.

Sprott Physical Gold and Silver Trust Price Performance

The firm’s fifty day simple moving average is $26.70.

Institutional Trading of Sprott Physical Gold and Silver Trust

A number of large investors have recently added to or reduced their stakes in the business. Demars Financial Group LLC boosted its position in shares of Sprott Physical Gold and Silver Trust by 2,039.4% in the 4th quarter. Demars Financial Group LLC now owns 1,999,838 shares of the company’s stock valued at $47,516,000 after purchasing an additional 1,906,362 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth about $28,089,000. Inlight Wealth Management LLC purchased a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth approximately $10,803,000. Fiduciary Family Office LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $8,614,000. Finally, Matauro LLC acquired a new stake in shares of Sprott Physical Gold and Silver Trust during the fourth quarter valued at approximately $8,473,000.

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.