MML Investors Services LLC Purchases 72,285 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

MML Investors Services LLC boosted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 124.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 130,529 shares of the exchange traded fund’s stock after acquiring an additional 72,285 shares during the quarter. MML Investors Services LLC’s holdings in Sprott Physical Silver Trust were worth $1,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of PSLV. Jane Street Group LLC purchased a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at about $19,598,000. IMC Chicago LLC purchased a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at about $11,622,000. Flow Traders U.S. LLC lifted its holdings in Sprott Physical Silver Trust by 3,417.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 911,223 shares of the exchange traded fund’s stock worth $9,522,000 after buying an additional 885,314 shares during the period. International Assets Investment Management LLC lifted its holdings in Sprott Physical Silver Trust by 483.5% in the 3rd quarter. International Assets Investment Management LLC now owns 557,299 shares of the exchange traded fund’s stock worth $53,330,000 after buying an additional 461,785 shares during the period. Finally, Jupiter Asset Management Ltd. lifted its holdings in Sprott Physical Silver Trust by 7.4% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 5,295,014 shares of the exchange traded fund’s stock worth $52,579,000 after buying an additional 362,573 shares during the period.

Sprott Physical Silver Trust Trading Down 3.4 %

NYSEARCA PSLV opened at $9.86 on Thursday. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week high of $11.77. The stock has a 50 day simple moving average of $10.65 and a two-hundred day simple moving average of $10.27.

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.