Sprott Physical Silver Trust $PSLV Holdings Increased by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC grew its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,450,302 shares of the exchange traded fund’s stock after purchasing an additional 28,830 shares during the period. Sprott Physical Silver Trust comprises about 16.1% of Capital Wealth Alliance LLC’s investment portfolio, making the stock its biggest holding. Capital Wealth Alliance LLC owned 0.43% of Sprott Physical Silver Trust worth $29,989,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Federation des caisses Desjardins du Quebec increased its holdings in Sprott Physical Silver Trust by 1.6% in the 1st 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. grew its holdings in shares of Sprott Physical Silver Trust by 27.1% in 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 acquiring an additional 1,407,478 shares during the period. Royal Bank of Canada increased its position in Sprott Physical Silver Trust by 11.1% during 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 acquiring an additional 337,830 shares during the last quarter. LPL Financial LLC increased 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 valued at $28,955,000 after acquiring an additional 332,138 shares during the last quarter. Finally, Sprott Inc. lifted its holdings in Sprott Physical Silver Trust by 1.2% in the first quarter. Sprott Inc. now owns 1,914,733 shares of the exchange traded fund’s stock valued at $22,211,000 after acquiring an additional 22,684 shares during the period.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA:PSLV opened at $16.02 on Thursday. The stock’s 50-day simple moving average is $14.79 and its two-hundred day simple moving average is $12.84. Sprott Physical Silver Trust has a 52-week low of $9.60 and a 52-week high of $18.15.

Sprott Physical Silver Trust 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.