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

Bank of Montreal Can lifted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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’s holdings in Sprott Physical Silver Trust were worth $5,604,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of PSLV. Millstone Evans Group LLC bought a new stake in Sprott Physical Silver Trust during the fourth quarter worth about $58,000. US Bancorp DE lifted its holdings in shares of Sprott Physical Silver Trust by 21.6% during the 4th quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 1,250 shares during the period. FNY Investment Advisers LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth approximately $80,000. Guild Investment Management Inc. bought a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $101,000. Finally, James Hambro & Partners LLP bought a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $106,000.

Sprott Physical Silver Trust Stock Performance

NYSEARCA PSLV opened at $10.90 on Tuesday. The business has a fifty day moving average price of $11.00 and a two-hundred day moving average price of $10.64. Sprott Physical Silver Trust has a fifty-two week low of $8.81 and a fifty-two week high of $11.77.

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.