Rathbones Group PLC Sells 64,014 Shares of Sprott Physical Silver Trust $PSLV

Rathbones Group PLC decreased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 16.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 319,433 shares of the exchange traded fund’s stock after selling 64,014 shares during the period. Rathbones Group PLC’s holdings in Sprott Physical Silver Trust were worth $7,555,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Jupiter Asset Management Ltd. boosted its stake in Sprott Physical Silver Trust by 29.0% during the third quarter. Jupiter Asset Management Ltd. now owns 9,814,158 shares of the exchange traded fund’s stock valued at $153,560,000 after buying an additional 2,203,767 shares during the period. Jane Street Group LLC boosted its stake in Sprott Physical Silver Trust by 163.6% during the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after buying an additional 3,582,153 shares during the period. Alps Advisors Inc. boosted its stake in Sprott Physical Silver Trust by 118.7% during the third quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock valued at $47,927,000 after buying an additional 1,657,153 shares during the period. Capital Wealth Alliance LLC boosted its stake in Sprott Physical Silver Trust by 0.5% during the third quarter. Capital Wealth Alliance LLC now owns 2,462,498 shares of the exchange traded fund’s stock valued at $38,662,000 after buying an additional 12,196 shares during the period. Finally, 3EDGE Asset Management LP bought a new stake in Sprott Physical Silver Trust during the third quarter valued at $34,374,000.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $24.67 on Friday. Sprott Physical Silver Trust has a 52-week low of $11.01 and a 52-week high of $38.13. The stock has a fifty day moving average of $24.73 and a 200 day moving average of $24.32.

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. 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.