Sprott Physical Silver Trust (NYSEARCA:PSLV) Stock Position Increased by Brookstone Capital Management

Brookstone Capital Management boosted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 12.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 434,883 shares of the exchange traded fund’s stock after buying an additional 48,773 shares during the quarter. Brookstone Capital Management’s holdings in Sprott Physical Silver Trust were worth $4,197,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PSLV. Raymond James & Associates boosted its stake in shares of Sprott Physical Silver Trust by 12.7% during the 3rd quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock worth $24,349,000 after acquiring an additional 263,194 shares in the last quarter. Capital Wealth Alliance LLC increased its stake in Sprott Physical Silver Trust by 4.4% in the 3rd quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock worth $23,865,000 after purchasing an additional 95,988 shares in the last quarter. Jane Street Group LLC acquired a new stake in Sprott Physical Silver Trust during the 3rd quarter worth about $19,598,000. Hollencrest Capital Management lifted its stake in Sprott Physical Silver Trust by 0.4% during the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock valued at $13,921,000 after buying an additional 4,868 shares in the last quarter. Finally, IMC Chicago LLC acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth about $11,622,000.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock opened at $10.02 on Wednesday. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week high of $11.77. The firm’s 50 day simple moving average is $10.21 and its 200-day simple moving average is $10.26.

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.