Matauro LLC Acquires New Stake in Sprott Physical Silver Trust $PSLV

Matauro LLC acquired a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,397 shares of the exchange traded fund’s stock, valued at approximately $237,000.

Other hedge funds also recently bought and sold shares of the company. PFG Advisors increased its position in Sprott Physical Silver Trust by 7.9% during the first quarter. PFG Advisors now owns 49,402 shares of the exchange traded fund’s stock valued at $573,000 after acquiring an additional 3,601 shares during the last quarter. Pasadena Private Wealth LLC grew its holdings in Sprott Physical Silver Trust by 2.9% during the first quarter. Pasadena Private Wealth LLC now owns 515,913 shares of the exchange traded fund’s stock valued at $5,985,000 after purchasing an additional 14,466 shares during the period. Moors & Cabot Inc. grew its holdings in Sprott Physical Silver Trust by 0.9% during the first quarter. Moors & Cabot Inc. now owns 177,701 shares of the exchange traded fund’s stock valued at $2,061,000 after purchasing an additional 1,512 shares during the period. Cresset Asset Management LLC grew its holdings in Sprott Physical Silver Trust by 3.0% during the first quarter. Cresset Asset Management LLC now owns 34,519 shares of the exchange traded fund’s stock valued at $400,000 after purchasing an additional 1,000 shares during the period. Finally, LPL Financial LLC grew its holdings in Sprott Physical Silver Trust by 15.3% during the first quarter. LPL Financial LLC now owns 2,496,122 shares of the exchange traded fund’s stock valued at $28,955,000 after purchasing an additional 332,138 shares during the period.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $15.76 on Friday. The stock has a 50-day simple moving average of $13.68 and a two-hundred day simple moving average of $12.32. Sprott Physical Silver Trust has a 52-week low of $9.60 and a 52-week high of $16.18.

About Sprott Physical Silver Trust

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.