Leavell Investment Management Inc. Increases Stake in Sprott Physical Silver Trust $PSLV

Leavell Investment Management Inc. raised its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 67.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 222,466 shares of the exchange traded fund’s stock after acquiring an additional 89,650 shares during the quarter. Leavell Investment Management Inc.’s holdings in Sprott Physical Silver Trust were worth $3,493,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in PSLV. Jane Street Group LLC boosted its position in Sprott Physical Silver Trust by 163.6% during the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after purchasing an additional 3,582,153 shares in the last quarter. Jupiter Asset Management Ltd. raised its stake in shares of Sprott Physical Silver Trust by 15.2% during 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 period. TT Capital Management LLC lifted its position in shares of Sprott Physical Silver Trust by 4,785.4% during the 2nd quarter. TT Capital Management LLC now owns 687,475 shares of the exchange traded fund’s stock valued at $8,415,000 after buying an additional 673,403 shares in the last quarter. TIAA Trust National Association grew its stake in Sprott Physical Silver Trust by 297.5% in the 2nd quarter. TIAA Trust National Association now owns 810,456 shares of the exchange traded fund’s stock valued at $9,920,000 after acquiring an additional 606,556 shares during the period. Finally, Prospera Financial Services Inc increased its holdings in Sprott Physical Silver Trust by 102.3% in the 2nd quarter. Prospera Financial Services Inc now owns 1,147,512 shares of the exchange traded fund’s stock worth $14,045,000 after acquiring an additional 580,287 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA:PSLV opened at $29.39 on Friday. Sprott Physical Silver Trust has a fifty-two week low of $9.96 and a fifty-two week high of $30.76. The company has a fifty day moving average of $21.65 and a two-hundred day moving average of $16.85.

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. 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.