Jupiter Asset Management Ltd. Has $50.18 Million Stock Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Jupiter Asset Management Ltd. cut its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 7.8% during the fourth quarter, Holdings Channel reports. The firm owned 5,200,386 shares of the exchange traded fund’s stock after selling 437,237 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Sprott Physical Silver Trust were worth $50,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Farther Finance Advisors LLC raised its position in shares of Sprott Physical Silver Trust by 84.0% during the fourth quarter. Farther Finance Advisors LLC now owns 40,385 shares of the exchange traded fund’s stock worth $390,000 after purchasing an additional 18,432 shares during the period. Hollencrest Capital Management raised its position in shares of Sprott Physical Silver Trust by 0.8% during the fourth quarter. Hollencrest Capital Management now owns 1,342,584 shares of the exchange traded fund’s stock worth $12,956,000 after purchasing an additional 10,389 shares during the period. Sequoia Financial Advisors LLC acquired a new position in Sprott Physical Silver Trust during the fourth quarter valued at $716,000. Warwick Investment Management Inc. raised its position in Sprott Physical Silver Trust by 28.0% during the fourth quarter. Warwick Investment Management Inc. now owns 21,615 shares of the exchange traded fund’s stock valued at $209,000 after buying an additional 4,726 shares during the period. Finally, HighTower Advisors LLC raised its position in Sprott Physical Silver Trust by 1.7% during the fourth quarter. HighTower Advisors LLC now owns 406,149 shares of the exchange traded fund’s stock valued at $3,919,000 after buying an additional 6,825 shares during the period.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $11.14 on Wednesday. Sprott Physical Silver Trust has a 1-year low of $8.01 and a 1-year high of $11.77. The business’s fifty day moving average price is $10.55 and its 200 day moving average price is $10.47.

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.