Equinox Partners Investment Management LLC cut its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 57.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 384,500 shares of the exchange traded fund’s stock after selling 527,600 shares during the quarter. Sprott Physical Silver Trust comprises 3.8% of Equinox Partners Investment Management LLC’s investment portfolio, making the stock its 7th biggest position. Equinox Partners Investment Management LLC owned about 0.06% of Sprott Physical Silver Trust worth $9,378,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Federation des caisses Desjardins du Quebec lifted its position in Sprott Physical Silver Trust by 4.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 17,091,404 shares of the exchange traded fund’s stock worth $403,725,000 after buying an additional 681,981 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Sprott Physical Silver Trust by 163.6% in the 2nd 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 last quarter. Alps Advisors Inc. increased its stake in shares of Sprott Physical Silver Trust by 76.5% in the 4th quarter. Alps Advisors Inc. now owns 5,387,630 shares of the exchange traded fund’s stock worth $127,417,000 after acquiring an additional 2,334,928 shares during the last quarter. Morgan Stanley raised its stake in Sprott Physical Silver Trust by 8.0% during the fourth quarter. Morgan Stanley now owns 4,760,761 shares of the exchange traded fund’s stock worth $112,592,000 after purchasing an additional 353,293 shares during the period. Finally, Royal Bank of Canada lifted its holdings in Sprott Physical Silver Trust by 4.6% in the fourth quarter. Royal Bank of Canada now owns 3,674,368 shares of the exchange traded fund’s stock valued at $86,897,000 after acquiring an additional 162,085 shares during the last quarter.
Sprott Physical Silver Trust Trading Up 1.9%
Sprott Physical Silver Trust stock opened at $18.87 on Wednesday. The firm has a 50 day moving average price of $23.21 and a 200 day moving average price of $25.11. Sprott Physical Silver Trust has a fifty-two week low of $12.23 and a fifty-two week high of $38.13.
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. 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.
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