Rossby Financial LCC Has $2.42 Million Stake in Sprott Physical Silver Trust $PSLV

Rossby Financial LCC increased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 197,450 shares of the exchange traded fund’s stock after purchasing an additional 7,400 shares during the quarter. Sprott Physical Silver Trust makes up about 0.9% of Rossby Financial LCC’s investment portfolio, making the stock its 19th biggest holding. Rossby Financial LCC’s holdings in Sprott Physical Silver Trust were worth $2,417,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. boosted its holdings in Sprott Physical Silver Trust by 161.5% during the second quarter. Ameriflex Group Inc. now owns 3,400 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 2,100 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Sprott Physical Silver Trust in the first quarter valued at $41,000. First Horizon Advisors Inc. bought a new position in shares of Sprott Physical Silver Trust in the first quarter valued at $42,000. Trust Co. of Vermont bought a new position in shares of Sprott Physical Silver Trust in the second quarter valued at $56,000. Finally, Blue Trust Inc. bought a new position in shares of Sprott Physical Silver Trust in the second quarter valued at $74,000.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $15.32 on Tuesday. Sprott Physical Silver Trust has a 1-year low of $9.60 and a 1-year high of $18.15. The firm has a fifty day simple moving average of $14.97 and a 200 day simple moving average of $12.99.

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.