Sprott Physical Silver Trust
PSLV

$10.48

4.23%

Market Cap: $5.08B

About: Sprott Physical Silver Trust is a closed-end mutual fund trust, created to invest and hold substantially all of its assets in physical silver bullion. The Trust seeks to provide 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 achieves its objective by investing mainly in long-term holdings of unencumbered, fully allocated, physical silver bullion and does not speculate with regard to short-term changes in silver prices.

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Funds holding %

of 6,710 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]

53% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 70

11% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 27

8% more capital invested

Capital invested by funds: $991M [Q1] → $1.08B (+$83.6M) [Q2]

1% more funds holding

Funds holding: 317 [Q1] → 320 (+3) [Q2]

60.32% less ownership

Funds ownership: 82.44% [Q1] → 22.12% (-60.32%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for PSLV.

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Financial journalist opinion

Seasonal Patterns in Silver Could Offer Investment Strategies

In any asset class, timing the market can be a difficult, but cyclical patterns can offer valuable information when creating investment strategies. In the case of silver, seasonal patterns could be beneficial.

Seasonal Patterns in Silver Could Offer Investment Strategies

Gold-Silver Ratio May Signal Buying Opportunity

Both gold and silver prices have been heading higher for the year, but the price relationship between the two could portend to silver overtaking gold in the future. Gold has been rising over 20% year-to-date, but silver hasn't been far behind with a 17% gain.

Gold-Silver Ratio May Signal Buying Opportunity

Zacks Investment Research

Silver or Gold: Which ETFs Should You Buy for 2H 2024?

Silver and gold are again grabbing investor attention following bouts of softer U.S. data, which boosted prospects of an interest rate cut by the Fed in September. However, silver has an edge over gold due to various reasons.

Silver or Gold: Which ETFs Should You Buy for 2H 2024?

3 Ways Silver Contributes to the Global Energy Transition

It's easy to forget silver is more than a precious metal. It offers the dual purpose of an industrial metal that's also critical to the ongoing global energy transition.

3 Ways Silver Contributes to the Global Energy Transition

The Strength of Silver Lurks Quietly in the Background

Rising silver prices may have been lost in the shadow of gold's rally near the end of the first quarter. But the prospect of rate cuts could bode well for the metal moving forward.

The Strength of Silver Lurks Quietly in the Background

PSLV: Another Dip To Buy Sprott Physical Silver Trust

PSLV shares are again near $9. I think this level has flipped to support rather than resistance. Technical analysis suggests a strong multi-year uptrend in silver with potential for another attempt at capturing $30/oz. The fundamental case for PSLV is supported by rising US debt and supply/demand dynamics in the silver market.

PSLV: Another Dip To Buy Sprott Physical Silver Trust

Alternative Energy Demand Should Power Up Silver Prices

The global transition to alternative energy should power up silver prices given the metal's inclusion in various clean energy technologies. That industrial-precious metal component offers investors the opportunity to obtain exposure to an asset that serves both purposes.

Alternative Energy Demand Should Power Up Silver Prices

Zacks Investment Research

Silver ETFs Outshining Gold

SPDR Gold Trust ETF (GLD), which tracks the price of gold bullion, has gained 9.3% in the past month. In comparison, iShares Silver Trust (SLV), the ultra-popular silver ETF, has outperformed its gold cousin, climbing 12.6% in the same time frame.

Silver ETFs Outshining Gold

Silver Demand Set to Meet Second-Highest Level on Record

When it comes to being a store of value, gold has always been ahead of silver. However, silver's duality of an industrial metal along with being a precious metal could allow it to see record highs this year, according to the Silver Institute.

Silver Demand Set to Meet Second-Highest Level on Record

Zacks Investment Research

Gold to Hit $2200 & Silver to Sizzle in 2024? ETFs in Focus

Gold and silver are set to log an uptrend in their values in 2024, as per the forecasts by UBS, as quoted on CNBC.

Gold to Hit $2200 & Silver to Sizzle in 2024? ETFs in Focus

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