Sprott Physical Silver Trust $PSLV Stock Holdings Lessened by Spire Wealth Management

Spire Wealth Management reduced its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 10.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 191,430 shares of the exchange traded fund’s stock after selling 21,609 shares during the quarter. Spire Wealth Management’s holdings in Sprott Physical Silver Trust were worth $2,343,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec raised its stake in Sprott Physical Silver Trust by 1.6% during the 1st quarter. Federation des caisses Desjardins du Quebec now owns 15,182,048 shares of the exchange traded fund’s stock valued at $175,749,000 after purchasing an additional 237,784 shares during the period. Jupiter Asset Management Ltd. grew its holdings in shares of Sprott Physical Silver Trust by 27.1% during the 1st quarter. Jupiter Asset Management Ltd. now owns 6,607,864 shares of the exchange traded fund’s stock valued at $76,619,000 after acquiring an additional 1,407,478 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Sprott Physical Silver Trust by 11.1% during the 1st 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 in the last quarter. LPL Financial LLC grew its holdings in shares of Sprott Physical Silver Trust by 15.3% during the 1st 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 in the last quarter. Finally, Capital Wealth Alliance LLC grew its holdings in shares of Sprott Physical Silver Trust by 1.2% during the 2nd quarter. Capital Wealth Alliance LLC now owns 2,450,302 shares of the exchange traded fund’s stock valued at $29,989,000 after acquiring an additional 28,830 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

Sprott Physical Silver Trust stock opened at $16.17 on Friday. The company’s fifty day simple moving average is $15.15 and its 200-day simple moving average is $13.08. Sprott Physical Silver Trust has a 12 month low of $9.60 and a 12 month 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.