Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Bought by Raymond James & Associates

Raymond James & Associates raised its position in Sprott Physical Silver Trust (NYSEARCA:PSLV – Get Rating) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 530,866 shares of the exchange traded fund’s stock after purchasing an additional 20,053 shares during the quarter. Raymond James & Associates owned about 0.11% of Sprott Physical Silver Trust worth $4,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of PSLV. JPMorgan Chase & Co. boosted its holdings in Sprott Physical Silver Trust by 10.9% in the 1st quarter. JPMorgan Chase & Co. now owns 152,666 shares of the exchange traded fund’s stock valued at $1,339,000 after purchasing an additional 14,993 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Sprott Physical Silver Trust by 8.4% in the 1st quarter. Bank of Montreal Can now owns 214,603 shares of the exchange traded fund’s stock valued at $1,899,000 after acquiring an additional 16,705 shares during the period. Mather Group LLC. purchased a new stake in shares of Sprott Physical Silver Trust in the 1st quarter valued at approximately $539,000. NewEdge Advisors LLC raised its stake in shares of Sprott Physical Silver Trust by 2.8% in the 1st quarter. NewEdge Advisors LLC now owns 64,641 shares of the exchange traded fund’s stock valued at $567,000 after acquiring an additional 1,737 shares during the period. Finally, Barometer Capital Management Inc. purchased a new stake in shares of Sprott Physical Silver Trust in the 1st quarter valued at approximately $630,000.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock opened at $8.04 on Wednesday. The company’s 50 day simple moving average is $8.37 and its 200-day simple moving average is $7.92. Sprott Physical Silver Trust has a 1 year low of $6.16 and a 1 year high of $8.99.

About Sprott Physical Silver Trust

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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.