Bank of Montreal Can Has $5.95 Million Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Bank of Montreal Can raised its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 29.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 568,933 shares of the exchange traded fund’s stock after acquiring an additional 128,486 shares during the quarter. Bank of Montreal Can owned approximately 0.12% of Sprott Physical Silver Trust worth $5,945,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in PSLV. First Horizon Advisors Inc. acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $32,000. Eastern Bank acquired a new position in Sprott Physical Silver Trust during the third quarter worth $45,000. ORG Wealth Partners LLC bought a new position in Sprott Physical Silver Trust during the third quarter valued at about $70,000. Hara Capital LLC acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter worth about $86,000. Finally, Sandy Cove Advisors LLC acquired a new position in Sprott Physical Silver Trust during the second quarter valued at approximately $99,000.

Sprott Physical Silver Trust Trading Down 0.6 %

Shares of PSLV opened at $10.26 on Tuesday. Sprott Physical Silver Trust has a one year low of $7.40 and a one year high of $11.77. The company’s fifty day moving average price is $10.71 and its 200 day moving average price is $10.27.

Sprott Physical Silver Trust 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.