Sprott Physical Silver Trust $PSLV Stock Acquired by Lincoln Capital Corp

Lincoln Capital Corp boosted its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 33.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,850 shares of the exchange traded fund’s stock after buying an additional 33,050 shares during the quarter. Lincoln Capital Corp’s holdings in Sprott Physical Silver Trust were worth $2,535,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of PSLV. IMC Chicago LLC grew its stake in shares of Sprott Physical Silver Trust by 5,217.0% during the first quarter. IMC Chicago LLC now owns 12,853,471 shares of the exchange traded fund’s stock worth $313,496,000 after buying an additional 12,611,729 shares during the last quarter. Weiss Asset Management LP bought a new position in Sprott Physical Silver Trust during the first quarter worth $199,763,000. Asset One Wealth Management LLC bought a new position in Sprott Physical Silver Trust during the fourth quarter worth $16,792,000. Anson Funds Management LP acquired a new position in Sprott Physical Silver Trust during the 1st quarter worth approximately $9,924,000. Finally, WIT Partners Advisory Pte. Ltd. raised its stake in shares of Sprott Physical Silver Trust by 24.9% in the second quarter. WIT Partners Advisory Pte. Ltd. now owns 1,258,030 shares of the exchange traded fund’s stock worth $23,739,000 after purchasing an additional 250,473 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock traded down $0.37 during trading on Tuesday, hitting $19.37. The company’s stock had a trading volume of 4,754,502 shares, compared to its average volume of 12,479,684. Sprott Physical Silver Trust has a 52 week low of $15.06 and a 52 week high of $38.13. The business has a fifty day moving average of $21.01 and a 200-day moving average of $21.82.

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. 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.