Bank of Montreal Can Has $5.60 Million Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Bank of Montreal Can raised its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 580,770 shares of the exchange traded fund’s stock after purchasing an additional 11,837 shares during the quarter. Bank of Montreal Can owned approximately 0.12% of Sprott Physical Silver Trust worth $5,604,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of Sprott Physical Silver Trust during the fourth quarter worth approximately $25,348,000. IMC Chicago LLC grew its holdings in Sprott Physical Silver Trust by 51.2% in the 4th quarter. IMC Chicago LLC now owns 1,681,529 shares of the exchange traded fund’s stock valued at $16,227,000 after buying an additional 569,382 shares in the last quarter. LPL Financial LLC increased its position in Sprott Physical Silver Trust by 34.1% during the 4th quarter. LPL Financial LLC now owns 2,163,984 shares of the exchange traded fund’s stock worth $20,882,000 after buying an additional 549,862 shares during the period. Fidelis Capital Partners LLC lifted its holdings in shares of Sprott Physical Silver Trust by 50.5% during the fourth quarter. Fidelis Capital Partners LLC now owns 1,630,350 shares of the exchange traded fund’s stock worth $17,216,000 after buying an additional 547,050 shares in the last quarter. Finally, Equinox Partners Investment Management LLC bought a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at about $5,192,000.

Sprott Physical Silver Trust Stock Performance

PSLV stock opened at $10.90 on Tuesday. Sprott Physical Silver Trust has a 52 week low of $8.81 and a 52 week high of $11.77. The company’s 50-day simple moving average is $11.00 and its 200 day simple moving average is $10.64.

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.