Concord Wealth Partners bought a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV – Get Rating) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 4,110 shares of the exchange traded fund’s stock, valued at approximately $34,000.
Other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp lifted its stake in shares of Sprott Physical Silver Trust by 24,389.0% in the third quarter. Truist Financial Corp now owns 2,988,143 shares of the exchange traded fund’s stock valued at $19,782,000 after buying an additional 2,975,941 shares in the last quarter. Jupiter Asset Management Ltd. lifted its position in Sprott Physical Silver Trust by 15.0% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 9,289,268 shares of the exchange traded fund’s stock valued at $61,495,000 after acquiring an additional 1,209,166 shares in the last quarter. Jane Street Group LLC boosted its stake in Sprott Physical Silver Trust by 168.4% during the 2nd quarter. Jane Street Group LLC now owns 1,491,245 shares of the exchange traded fund’s stock valued at $10,290,000 after purchasing an additional 935,558 shares during the last quarter. Cyndeo Wealth Partners LLC bought a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $6,208,000. Finally, Royal Bank of Canada raised its stake in shares of Sprott Physical Silver Trust by 31.4% in the third quarter. Royal Bank of Canada now owns 3,023,356 shares of the exchange traded fund’s stock worth $20,015,000 after purchasing an additional 721,997 shares during the last quarter.
Sprott Physical Silver Trust Stock Down 2.4 %
Shares of NYSEARCA:PSLV opened at $8.72 on Friday. The business’s 50 day moving average is $7.73 and its 200 day moving average is $7.57. Sprott Physical Silver Trust has a 12-month low of $6.16 and a 12-month high of $9.17.
About Sprott Physical Silver Trust
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.
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