HighTower Advisors LLC Has $4.17 Million Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

HighTower Advisors LLC boosted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 19.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 399,324 shares of the exchange traded fund’s stock after buying an additional 63,935 shares during the period. HighTower Advisors LLC owned approximately 0.08% of Sprott Physical Silver Trust worth $4,169,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PSLV. Tradition Wealth Management LLC increased its stake in shares of Sprott Physical Silver Trust by 19.2% in the 3rd quarter. Tradition Wealth Management LLC now owns 38,038 shares of the exchange traded fund’s stock valued at $397,000 after purchasing an additional 6,117 shares during the last quarter. Flow Traders U.S. LLC boosted its stake in Sprott Physical Silver Trust by 3,417.0% in the third quarter. Flow Traders U.S. LLC now owns 911,223 shares of the exchange traded fund’s stock valued at $9,522,000 after buying an additional 885,314 shares in the last quarter. Walleye Capital LLC bought a new position in Sprott Physical Silver Trust in the third quarter valued at about $1,086,000. Townsquare Capital LLC raised its stake in Sprott Physical Silver Trust by 38.7% during the third quarter. Townsquare Capital LLC now owns 27,820 shares of the exchange traded fund’s stock worth $291,000 after acquiring an additional 7,756 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of Sprott Physical Silver Trust by 29.2% in the third quarter. Bank of Montreal Can now owns 568,933 shares of the exchange traded fund’s stock worth $5,945,000 after acquiring an additional 128,486 shares during the last quarter.

Sprott Physical Silver Trust Stock Up 0.5 %

Shares of PSLV opened at $10.70 on Thursday. The business has a 50-day simple moving average of $10.69 and a two-hundred day simple moving average of $10.28. Sprott Physical Silver Trust has a 12-month low of $7.40 and a 12-month high of $11.77.

Sprott Physical Silver Trust Company 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.