Integrity Alliance LLC. purchased a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) during the third quarter, HoldingsChannel.com reports. The fund purchased 700,811 shares of the exchange traded fund’s stock, valued at approximately $13,575,000.
A number of other large investors have also recently made changes to their positions in the stock. WIT Partners Advisory Pte. Ltd. boosted its stake in shares of Sprott Physical Silver Trust by 24.9% in the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 1,258,030 shares of the exchange traded fund’s stock worth $23,739,000 after buying an additional 250,473 shares during the last quarter. Breakwater Capital Group bought a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $505,000. Kestra Advisory Services LLC increased its position in Sprott Physical Silver Trust by 5.2% during the first quarter. Kestra Advisory Services LLC now owns 1,665,146 shares of the exchange traded fund’s stock valued at $40,613,000 after acquiring an additional 81,917 shares during the last quarter. Lincoln Capital Corp increased its position in Sprott Physical Silver Trust by 33.8% during the third quarter. Lincoln Capital Corp now owns 130,850 shares of the exchange traded fund’s stock valued at $2,535,000 after acquiring an additional 33,050 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC increased its position in Sprott Physical Silver Trust by 35.8% during the third quarter. Cyndeo Wealth Partners LLC now owns 783,096 shares of the exchange traded fund’s stock valued at $15,169,000 after acquiring an additional 206,374 shares during the last quarter.
Sprott Physical Silver Trust Price Performance
PSLV stock opened at $16.02 on Wednesday. Sprott Physical Silver Trust has a fifty-two week low of $15.51 and a fifty-two week high of $38.13. The business’s 50-day moving average is $19.86 and its two-hundred day moving average is $22.89.
Sprott Physical Silver Trust 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. The Trust invests and intends to continue to invest primarily 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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