Rossby Financial LCC Has $2.42 Million Stock Position in Sprott Physical Silver Trust $PSLV

Rossby Financial LCC lifted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.9% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 197,450 shares of the exchange traded fund’s stock after buying an additional 7,400 shares during the quarter. Sprott Physical Silver Trust comprises 0.9% of Rossby Financial LCC’s holdings, making the stock its 19th biggest position. Rossby Financial LCC’s holdings in Sprott Physical Silver Trust were worth $2,417,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Sprott Physical Silver Trust by 1.6% during the first quarter. Federation des caisses Desjardins du Quebec now owns 15,182,048 shares of the exchange traded fund’s stock worth $175,749,000 after buying an additional 237,784 shares in the last quarter. Jupiter Asset Management Ltd. lifted its holdings in shares of Sprott Physical Silver Trust by 27.1% during the first quarter. Jupiter Asset Management Ltd. now owns 6,607,864 shares of the exchange traded fund’s stock worth $76,619,000 after buying an additional 1,407,478 shares in the last quarter. Royal Bank of Canada raised its stake in Sprott Physical Silver Trust by 11.1% in the first quarter. Royal Bank of Canada now owns 3,382,576 shares of the exchange traded fund’s stock valued at $39,238,000 after purchasing an additional 337,830 shares in the last quarter. LPL Financial LLC lifted its position in Sprott Physical Silver Trust by 15.3% during the first quarter. LPL Financial LLC now owns 2,496,122 shares of the exchange traded fund’s stock worth $28,955,000 after purchasing an additional 332,138 shares during the period. Finally, Capital Wealth Alliance LLC lifted its position in Sprott Physical Silver Trust by 1.2% during the second quarter. Capital Wealth Alliance LLC now owns 2,450,302 shares of the exchange traded fund’s stock worth $29,989,000 after purchasing an additional 28,830 shares during the period.

Sprott Physical Silver Trust Price Performance

PSLV stock opened at $15.32 on Tuesday. The company’s 50-day moving average price is $14.97 and its two-hundred day moving average price is $12.99. Sprott Physical Silver Trust has a 12 month low of $9.60 and a 12 month high of $18.15.

Sprott Physical Silver Trust Company Profile

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the provision of a secure, convenient, and exchange-traded investment alternative for investors interested in holding physical silver bullion without the inconvenience that is typical of a direct investment in physical silver bullion.