Sprott Physical Silver Trust $PSLV Shares Sold by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. reduced its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,391,147 shares of the exchange traded fund’s stock after selling 423,011 shares during the quarter. Sprott Physical Silver Trust comprises about 1.8% of Jupiter Asset Management Ltd.’s portfolio, making the stock its 5th biggest holding. Jupiter Asset Management Ltd.’s holdings in Sprott Physical Silver Trust were worth $220,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its position 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 worth $70,650,000 after acquiring an additional 3,582,153 shares during the period. Alps Advisors Inc. raised its position 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 worth $47,927,000 after acquiring an additional 1,657,153 shares during the period. Sprott Inc. raised its position in Sprott Physical Silver Trust by 4.6% during the third quarter. Sprott Inc. now owns 1,956,862 shares of the exchange traded fund’s stock worth $30,723,000 after acquiring an additional 85,635 shares during the period. Fidelis Capital Partners LLC raised its position in Sprott Physical Silver Trust by 1.9% during the fourth quarter. Fidelis Capital Partners LLC now owns 1,649,160 shares of the exchange traded fund’s stock worth $39,003,000 after acquiring an additional 31,000 shares during the period. Finally, Prospera Financial Services Inc raised its position in Sprott Physical Silver Trust by 18.1% during the fourth quarter. Prospera Financial Services Inc now owns 1,525,021 shares of the exchange traded fund’s stock worth $36,067,000 after acquiring an additional 233,495 shares during the period.

Sprott Physical Silver Trust Stock Performance

NYSEARCA:PSLV opened at $24.12 on Friday. The company has a fifty day moving average of $24.48 and a two-hundred day moving average of $24.61. Sprott Physical Silver Trust has a fifty-two week low of $11.03 and a fifty-two week high of $38.13.

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.