TT Capital Management LLC Has $8.42 Million Stock Position in Sprott Physical Silver Trust $PSLV

TT Capital Management LLC increased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 4,785.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 687,475 shares of the exchange traded fund’s stock after acquiring an additional 673,403 shares during the quarter. Sprott Physical Silver Trust makes up about 2.8% of TT Capital Management LLC’s holdings, making the stock its 5th largest position. TT Capital Management LLC owned about 0.12% of Sprott Physical Silver Trust worth $8,415,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. HighTower Advisors LLC raised its stake in shares of Sprott Physical Silver Trust by 8.4% during the 1st quarter. HighTower Advisors LLC now owns 440,084 shares of the exchange traded fund’s stock worth $5,105,000 after purchasing an additional 33,935 shares during the period. Cresset Asset Management LLC increased its holdings in Sprott Physical Silver Trust by 3.0% during the first quarter. Cresset Asset Management LLC now owns 34,519 shares of the exchange traded fund’s stock worth $400,000 after buying an additional 1,000 shares during the last quarter. Philadelphia Trust Co. increased its holdings in Sprott Physical Silver Trust by 3.3% during the first quarter. Philadelphia Trust Co. now owns 127,777 shares of the exchange traded fund’s stock worth $1,482,000 after buying an additional 4,100 shares during the last quarter. Compass Financial Group INC SD purchased a new position in Sprott Physical Silver Trust in the first quarter valued at about $117,000. Finally, Summit Financial LLC grew its position in shares of Sprott Physical Silver Trust by 19.6% during the 1st quarter. Summit Financial LLC now owns 121,346 shares of the exchange traded fund’s stock valued at $1,408,000 after acquiring an additional 19,896 shares during the period.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $20.40 on Friday. Sprott Physical Silver Trust has a 12-month low of $9.60 and a 12-month high of $21.41. The company has a 50 day moving average of $17.29 and a 200-day moving average of $14.56.

Sprott Physical Silver Trust Company 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.