FNY Investment Advisers LLC purchased a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,319 shares of the exchange traded fund’s stock, valued at approximately $80,000.
Other large investors have also recently added to or reduced their stakes in the company. XTX Topco Ltd bought a new stake in shares of Sprott Physical Silver Trust in the 3rd quarter valued at approximately $293,000. Creative Planning increased its stake in Sprott Physical Silver Trust by 14.7% during the second quarter. Creative Planning now owns 64,268 shares of the exchange traded fund’s stock valued at $638,000 after purchasing an additional 8,218 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Sprott Physical Silver Trust during the second quarter worth $591,000. Walleye Capital LLC acquired a new position in shares of Sprott Physical Silver Trust in the 3rd quarter valued at about $1,086,000. Finally, Beaird Harris Wealth Management LLC boosted its holdings in shares of Sprott Physical Silver Trust by 157.5% in the 2nd quarter. Beaird Harris Wealth Management LLC now owns 93,572 shares of the exchange traded fund’s stock valued at $929,000 after buying an additional 57,235 shares during the period.
Sprott Physical Silver Trust Trading Up 2.8 %
PSLV opened at $10.30 on Thursday. The company’s 50-day moving average price is $10.19 and its 200 day moving average price is $10.26. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week 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.
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