JPMorgan Chase & Co. Has $1.25 Million Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

JPMorgan Chase & Co. lifted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 16.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,363 shares of the exchange traded fund’s stock after acquiring an additional 17,172 shares during the period. JPMorgan Chase & Co.’s holdings in Sprott Physical Silver Trust were worth $1,247,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Silver Trust during the third quarter worth $32,000. Eastern Bank acquired a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter valued at about $45,000. ORG Wealth Partners LLC bought a new stake in Sprott Physical Silver Trust in the third quarter valued at about $70,000. Hara Capital LLC bought a new stake in Sprott Physical Silver Trust in the third quarter valued at about $86,000. Finally, Pure Portfolios Holdings LLC acquired a new position in Sprott Physical Silver Trust in the third quarter worth about $116,000.

Sprott Physical Silver Trust Stock Up 0.6 %

NYSEARCA PSLV opened at $10.28 on Friday. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year high of $11.77. The stock’s 50 day moving average is $10.17 and its two-hundred day moving average is $10.25.

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.