Free Trial

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Reaches New 1-Year High - Here's Why

Sprott Physical Gold and Silver Trust logo with Miscellaneous background
Remove Ads

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $28.26 and last traded at $28.04, with a volume of 440925 shares trading hands. The stock had previously closed at $28.06.

Sprott Physical Gold and Silver Trust Trading Down 0.7 %

The firm's 50 day moving average price is $26.63.

Hedge Funds Weigh In On Sprott Physical Gold and Silver Trust

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CEF. Laurel Wealth Advisors LLC acquired a new position in shares of Sprott Physical Gold and Silver Trust in the fourth quarter valued at approximately $52,000. Chapman Financial Group LLC bought a new stake in shares of Sprott Physical Gold and Silver Trust in the fourth quarter worth $67,000. Duncker Streett & Co. Inc. acquired a new stake in Sprott Physical Gold and Silver Trust in the fourth quarter valued at $107,000. Harbour Investments Inc. raised its position in Sprott Physical Gold and Silver Trust by 11.1% during the 4th quarter. Harbour Investments Inc. now owns 5,304 shares of the company's stock worth $126,000 after purchasing an additional 530 shares during the last quarter. Finally, Addison Advisors LLC lifted its holdings in Sprott Physical Gold and Silver Trust by 25.3% during the 4th quarter. Addison Advisors LLC now owns 5,940 shares of the company's stock worth $141,000 after buying an additional 1,200 shares during the period.

Sprott Physical Gold and Silver Trust Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Sprott Physical Gold and Silver Trust Right Now?

Before you consider Sprott Physical Gold and Silver Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sprott Physical Gold and Silver Trust wasn't on the list.

While Sprott Physical Gold and Silver Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

7 Flying Car Stocks to Buy Before the Sector Really Takes Off

7 Flying Car Stocks to Buy Before the Sector Really Takes Off

Flying cars are coming sooner than you think! Investors are getting excited about this futuristic industry, and MarketBeat analyst Chris Markoch breaks down 7 flying car stocks poised to take off.

Related Videos

Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads