Sumitomo Mitsui Trust Group Inc. Takes Position in Sprott Physical Silver Trust $PSLV

Sumitomo Mitsui Trust Group Inc. acquired a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 37,000 shares of the exchange traded fund’s stock, valued at approximately $453,000.

Several other large investors have also modified their holdings of the company. Destiny Wealth Partners LLC raised its stake in shares of Sprott Physical Silver Trust by 2.9% during the second quarter. Destiny Wealth Partners LLC now owns 32,085 shares of the exchange traded fund’s stock worth $393,000 after purchasing an additional 904 shares during the last quarter. Bleakley Financial Group LLC raised its stake in shares of Sprott Physical Silver Trust by 0.3% during the second quarter. Bleakley Financial Group LLC now owns 299,258 shares of the exchange traded fund’s stock worth $3,663,000 after purchasing an additional 910 shares during the last quarter. Cresset Asset Management LLC raised its position in Sprott Physical Silver Trust by 3.0% during the 1st quarter. Cresset Asset Management LLC now owns 34,519 shares of the exchange traded fund’s stock worth $400,000 after buying an additional 1,000 shares during the last quarter. Total Wealth Planning & Management Inc. raised its position in Sprott Physical Silver Trust by 4.7% during the 2nd quarter. Total Wealth Planning & Management Inc. now owns 22,460 shares of the exchange traded fund’s stock worth $275,000 after buying an additional 1,000 shares during the last quarter. Finally, Latitude Advisors LLC raised its position in Sprott Physical Silver Trust by 3.2% during the 2nd quarter. Latitude Advisors LLC now owns 32,369 shares of the exchange traded fund’s stock worth $396,000 after buying an additional 1,000 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of Sprott Physical Silver Trust stock opened at $16.11 on Friday. Sprott Physical Silver Trust has a one year low of $9.60 and a one year high of $18.15. The firm has a fifty day moving average of $15.21 and a two-hundred day moving average of $13.12.

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.