Parallel Advisors LLC has recently announced that it has increased stake in Sprott Physical Silver Trust (AMEX:PSLV) by 21.76%. After grabbing 5596.0 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 19000.0 to have a control over 57624.0 shares. And Synergy Asset Management LLC raised its holdings to 10942.0 shares by acquiring 10942.0 shares or 0.00% of the stake.
Sprott Physical Silver Trust (PSLV) concluded trading on 12/28/23 at a closing price of $8.14, with 3.11 million shares of worth about $25.33 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.44% during that period and on Thursday the price saw a loss of about -1.09%. Currently the company’s common shares owned by public are about 487.60M shares.
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BlackRock Global Funds – World Go, BlackRock Gold & General Fund, and Salmon Mundi Capital, SICAV are the top 3 mutual funds which are holding stakes in Sprott Physical Silver Trust BlackRock Global Funds – World Go is currently holding 17.05 million shares of worth totaling $0.0. The company recently came buying 2.5 million shares which brought its stake up to 0.00% of the company’s outstanding shares. BlackRock Gold & General Fund sold -0.14 million shares, after which its hold over company’s outstanding shares shrunk to 0.00%, leaving 4.18 million shares with the mutual fund that have a worth of about $0.0. Salmon Mundi Capital, SICAV, after buying 20659.0 shares, have now control over 0.00% of the stake in the company. It holds 3743.0 shares of worth $0.0.
However, the stock later moved at a day high price of 8.25, or with a loss of -1.09%. Stock saw a price change of -0.85% in past 5 days and over the past one month there was a price change of -4.01%. Year-to-date (YTD), PSLV shares are showing a performance of -1.21% which decreased to -1.57% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.85 but also hit the highest price of $8.99 during that period. The average intraday trading volume for Sprott Physical Silver Trust shares is 2.72 million. The stock is currently trading -0.56% below its 20-day simple moving average (SMA20), while that difference is up 1.77% for SMA50 and it goes to 0.86% higher than SMA200.
Parallel Advisors LLC acquired 5596.0 shares of Sprott Physical Silver Trust having value of about $0.0. Data submitted at the U.S SEC by Parallel Advisors LLC revealed that the firm now holds 1000.0 shares in the company valued at close to $8140.0, or have control over 21.76% 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 $3.97B and its 3Y-monthly beta is at 0.68. 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 1.54% while standing at 1.71% over the month.
