Apella Capital LLC Increases Position in Sprott Physical Silver Trust $PSLV

Apella Capital LLC increased its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 10.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 381,871 shares of the exchange traded fund’s stock after purchasing an additional 35,613 shares during the quarter. Apella Capital LLC owned approximately 0.07% of Sprott Physical Silver Trust worth $5,995,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in PSLV. Federation des caisses Desjardins du Quebec raised its holdings in Sprott Physical Silver Trust by 1.6% in the first quarter. Federation des caisses Desjardins du Quebec now owns 15,182,048 shares of the exchange traded fund’s stock worth $175,749,000 after purchasing an additional 237,784 shares in the last quarter. Jupiter Asset Management Ltd. grew its position in shares of Sprott Physical Silver Trust by 15.2% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 7,610,391 shares of the exchange traded fund’s stock worth $93,214,000 after buying an additional 1,002,527 shares during the last quarter. Jane Street Group LLC raised its stake in shares of Sprott Physical Silver Trust by 163.6% during 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 in the last quarter. Royal Bank of Canada raised its stake in shares of Sprott Physical Silver Trust by 11.1% during the 1st quarter. Royal Bank of Canada now owns 3,382,576 shares of the exchange traded fund’s stock worth $39,238,000 after acquiring an additional 337,830 shares in the last quarter. Finally, Capital Wealth Alliance LLC lifted its position in Sprott Physical Silver Trust by 1.2% during the second quarter. Capital Wealth Alliance LLC now owns 2,450,302 shares of the exchange traded fund’s stock valued at $29,989,000 after acquiring an additional 28,830 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $26.04 on Friday. The company has a 50 day moving average of $18.47 and a two-hundred day moving average of $15.35. Sprott Physical Silver Trust has a twelve month low of $9.60 and a twelve month high of $26.07.

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. 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.