Brookstone Capital Management Has $4.04 Million Stock Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Brookstone Capital Management lifted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 5.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 386,110 shares of the exchange traded fund’s stock after buying an additional 21,247 shares during the period. Brookstone Capital Management owned about 0.08% of Sprott Physical Silver Trust worth $4,035,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Avantax Advisory Services Inc. acquired a new position in shares of Sprott Physical Silver Trust in the 1st quarter worth approximately $89,000. Sandy Cove Advisors LLC acquired a new stake in Sprott Physical Silver Trust during the 2nd quarter valued at $99,000. ORG Partners LLC acquired a new stake in Sprott Physical Silver Trust during the 1st quarter valued at $102,000. NovaPoint Capital LLC acquired a new stake in Sprott Physical Silver Trust during the 2nd quarter valued at $102,000. Finally, RPS Advisory Solutions LLC acquired a new stake in Sprott Physical Silver Trust during the 2nd quarter valued at $113,000.

Sprott Physical Silver Trust Stock Up 1.9 %

PSLV stock opened at $10.50 on Friday. The business has a fifty day moving average price of $10.05 and a 200 day moving average price of $9.85. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week high of $11.09.

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.