Sanctuary Advisors LLC lifted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 72.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 178,930 shares of the exchange traded fund’s stock after acquiring an additional 75,403 shares during the period. Sanctuary Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $4,232,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in PSLV. Jane Street Group LLC raised its position in shares of Sprott Physical Silver Trust by 163.6% during the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after acquiring an additional 3,582,153 shares in the last quarter. Jupiter Asset Management Ltd. raised its position in shares of Sprott Physical Silver Trust by 29.0% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 9,814,158 shares of the exchange traded fund’s stock worth $153,560,000 after acquiring an additional 2,203,767 shares in the last quarter. 3EDGE Asset Management LP acquired a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $34,374,000. Alps Advisors Inc. raised its position in shares of Sprott Physical Silver Trust by 118.7% during the 3rd quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock worth $47,927,000 after acquiring an additional 1,657,153 shares in the last quarter. Finally, WIT Partners Advisory Pte. Ltd. raised its position in shares of Sprott Physical Silver Trust by 61.8% during the 4th quarter. WIT Partners Advisory Pte. Ltd. now owns 847,792 shares of the exchange traded fund’s stock worth $19,048,000 after acquiring an additional 323,722 shares in the last quarter.
Sprott Physical Silver Trust Price Performance
Shares of NYSEARCA PSLV opened at $23.85 on Friday. Sprott Physical Silver Trust has a fifty-two week low of $10.72 and a fifty-two week high of $38.13. The stock’s 50-day simple moving average is $25.45 and its 200-day simple moving average is $23.38.
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. 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.
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