Sprott Physical Silver Trust $PSLV Position Trimmed by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. lessened its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,391,147 shares of the exchange traded fund’s stock after selling 423,011 shares during the period. Sprott Physical Silver Trust makes up about 1.8% of Jupiter Asset Management Ltd.’s portfolio, making the stock its 5th biggest position. Jupiter Asset Management Ltd. owned approximately 1.53% of Sprott Physical Silver Trust worth $220,504,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. ORG Wealth Partners LLC purchased a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $25,000. Laurel Wealth Advisors LLC acquired a new stake in Sprott Physical Silver Trust during the 4th quarter valued at approximately $31,000. Private Trust Co. NA lifted its stake in Sprott Physical Silver Trust by 218.4% during the 4th quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 1,166 shares during the period. Strategic Advocates LLC acquired a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at approximately $29,000. Finally, Franklin Resources Inc. acquired a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at approximately $39,000.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA PSLV opened at $24.12 on Friday. Sprott Physical Silver Trust has a 12 month low of $11.03 and a 12 month high of $38.13. The company has a 50 day simple moving average of $24.48 and a two-hundred day simple moving average of $24.61.

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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.