Regency Capital Management Inc. DE Increases Holdings in Sprott Physical Silver Trust $PSLV

Regency Capital Management Inc. DE lifted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.1% during the second quarter, HoldingsChannel reports. The firm owned 208,896 shares of the exchange traded fund’s stock after purchasing an additional 6,200 shares during the quarter. Sprott Physical Silver Trust accounts for about 1.3% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 26th biggest holding. Regency Capital Management Inc. DE’s holdings in Sprott Physical Silver Trust were worth $2,557,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in PSLV. Merit Financial Group LLC increased its holdings in Sprott Physical Silver Trust by 25.3% during the first quarter. Merit Financial Group LLC now owns 44,842 shares of the exchange traded fund’s stock worth $520,000 after buying an additional 9,042 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in shares of Sprott Physical Silver Trust during the 1st quarter valued at approximately $116,000. Farther Finance Advisors LLC grew its position in shares of Sprott Physical Silver Trust by 28.8% during the 1st quarter. Farther Finance Advisors LLC now owns 52,014 shares of the exchange traded fund’s stock valued at $599,000 after acquiring an additional 11,629 shares during the period. Wealthcare Advisory Partners LLC increased its stake in shares of Sprott Physical Silver Trust by 2.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 278,530 shares of the exchange traded fund’s stock worth $3,231,000 after purchasing an additional 7,876 shares during the last quarter. Finally, Columbia Advisory Partners LLC raised its holdings in shares of Sprott Physical Silver Trust by 27.0% in the 1st quarter. Columbia Advisory Partners LLC now owns 141,398 shares of the exchange traded fund’s stock worth $1,640,000 after purchasing an additional 30,100 shares during the period.

Sprott Physical Silver Trust Trading Up 1.4%

Sprott Physical Silver Trust stock opened at $16.35 on Tuesday. The business’s 50 day simple moving average is $13.81 and its 200 day simple moving average is $12.39. Sprott Physical Silver Trust has a 12 month low of $9.60 and a 12 month high of $16.42.

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.