Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Sprott Physical Gold and Silver Trust (NYSEAMERICAN:CEF)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $23.91. Sprott Physical Gold and Silver Trust shares last traded at $23.84, with a volume of 311,402 shares traded.

Sprott Physical Gold and Silver Trust Price Performance

Institutional Trading of Sprott Physical Gold and Silver Trust

Hedge funds have recently made changes to their positions in the stock. Coastline Trust Co purchased a new stake in Sprott Physical Gold and Silver Trust during the 3rd quarter valued at about $43,000. Missouri Trust & Investment Co increased its position in shares of Sprott Physical Gold and Silver Trust by 57.9% during the third quarter. Missouri Trust & Investment Co now owns 1,833 shares of the company’s stock valued at $45,000 after acquiring an additional 672 shares in the last quarter. JNBA Financial Advisors raised its holdings in Sprott Physical Gold and Silver Trust by 812.8% in the 3rd quarter. JNBA Financial Advisors now owns 3,706 shares of the company’s stock worth $91,000 after acquiring an additional 3,300 shares during the last quarter. Perkins Coie Trust Co bought a new position in Sprott Physical Gold and Silver Trust in the 3rd quarter valued at approximately $147,000. Finally, Baker Avenue Asset Management LP purchased a new stake in Sprott Physical Gold and Silver Trust during the 3rd quarter valued at $207,000.

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.