Morgan Stanley & Co. LLC has recently announced that it has increased stake in Sprott Physical Silver Trust (NYSE:PSLV) by 65.51%. After grabbing 2.36 million shares, the institutional investor is now in possession of 0.93 million shares of the Financial Company. The new investment brought the stake of investor firm to 0.49% having worth around $19.08 million. Moreover, Osaic Wealth, Inc. increased its share by 1.2 million to have a control over 2.25 million shares. And Jane Street Capital LLC raised its holdings to 1.6 million shares by acquiring 2.12 million shares or 0.44% of the stake.
Sprott Physical Silver Trust (PSLV) concluded trading on Wednesday at a closing price of $7.62, with 5.27 million shares of worth about $40.13 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.82% during that period and On Wednesday, January 24 the price saw a gain of about 0.40%. Currently the company’s common shares owned by public are about 486.90M shares, out of which, 486.90M shares are available for trading.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
BlackRock Global Funds – World Go, Jupiter Asset Mgmt. Series Plc -, and BlackRock Gold & General Fund are the top 3 mutual funds which are holding stakes in Sprott Physical Silver Trust BlackRock Global Funds – World Go is currently holding 17.46 million shares of worth totaling $141.08 million. The company recently came buying 0.41 million shares which brought its stake up to 3.59% of the company’s outstanding shares. Jupiter Asset Mgmt. Series Plc – sold -0.68 million shares, after which its hold over company’s outstanding shares shrunk to 1.56%, leaving 7.6 million shares with the mutual fund that have a worth of about $61.37 million. BlackRock Gold & General Fund, after buying 5.28 million shares, have now control over 1.09% of the stake in the company. It holds 1.1 million shares of worth $42.7 million.
Stock saw a price change of 0.13% in past 5 days and over the past one month there was a price change of -8.19%. Year-to-date (YTD), PSLV shares are showing a performance of -5.69% which decreased to -4.63% 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 2.66 million. The stock is currently trading -2.94% below its 20-day simple moving average (SMA20), while that difference is down -4.76% for SMA50 and it goes to -5.40% lower than SMA200.
Morgan Stanley & Co. LLC acquired 2.36 million shares of Sprott Physical Silver Trust having value of about $19.08 million. Data submitted at the U.S SEC by Morgan Stanley & Co. LLC revealed that the firm now holds 0.93 million shares in the company valued at close to $7121507.22, or have control over 65.51% stake in the company. Holding of mutual funds in the company is about 12.65% while other institutional holders and individual stake holders have control over 6.90% and — of the stake respectively.
The stock has a current market capitalization of $3.71B 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 1.42% while standing at 1.65% over the month.
