Geneva Partners LLC has recently announced that it has increased stake in Sprott Physical Silver Trust (NYSE:PSLV) by 2.22%. After grabbing 46000.0 shares, the institutional investor is now in possession of 1000.0 shares of the Financial Company. The new investment brought the stake of investor firm to 0.00% having worth around $0.0. Moreover, Islay Capital Management LLC increased its share by 38624.0 to have a control over 38624.0 shares. And American Financial Advisors LLC raised its holdings to 17863.0 shares by acquiring 17863.0 shares or 0.00% of the stake.
Sprott Physical Silver Trust (PSLV) concluded trading on 09/13/23 at a closing price of $7.74, with 3.58 million shares of worth about $27.69 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.16% during that period and on Wednesday the price saw a loss of about -1.02%. Currently the company’s common shares owned by public are about 496.66M shares, out of which, 496.66M shares are available for trading.
BlackRock Global Funds – World Go, BlackRock Gold & General Fund, and Federated Hermes Prudent Bear Fun are the top 3 mutual funds which are holding stakes in Sprott Physical Silver Trust BlackRock Global Funds – World Go is currently holding 15.46 million shares of worth totaling $0.0. The company recently came selling -0.44 million shares which brought its stake up to 0.00% of the company’s outstanding shares. BlackRock Gold & General Fund sold -0.17 million shares, after which its hold over company’s outstanding shares shrunk to 0.00%, leaving 4.5 million shares with the mutual fund that have a worth of about $0.0. Federated Hermes Prudent Bear Fun, after buying 100000.0 shares, have now control over 0.00% of the stake in the company. It holds 80000.0 shares of worth $0.0.
However, the stock later moved at a day high price of 7.81, or with a loss of -1.02%. Stock saw a price change of -2.15% in past 5 days and over the past one month there was a price change of -0.51%. Year-to-date (YTD), PSLV shares are showing a performance of -6.07% which increased to 13.99% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.32 but also hit the highest price of $8.99 during that period. The average intraday trading volume for Sprott Physical Silver Trust shares is 2.26 million. The stock is currently trading -3.87% below its 20-day simple moving average (SMA20), while that difference is down -4.65% for SMA50 and it goes to -3.48% lower than SMA200.
Geneva Partners LLC acquired 46000.0 shares of Sprott Physical Silver Trust having value of about $0.0. Data submitted at the U.S SEC by Geneva Partners LLC revealed that the firm now holds 1000.0 shares in the company valued at close to $7740.0, or have control over 2.22% stake in the company. Holding of mutual funds in the company is about 0.00% while other institutional holders and individual stake holders have control over 0.00% and — of the stake respectively.
The stock has a current market capitalization of $3.84B and its 3Y-monthly beta is at 0.59. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PSLV, volatility over the week remained 1.13% while standing at 1.51% over the month.