Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lifted its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 816,036 shares of the exchange traded fund’s stock after purchasing an additional 17,929 shares during the quarter. Commonwealth Equity Services LLC owned about 0.17% of Sprott Physical Silver Trust worth $7,875,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Silver Trust during the 3rd quarter worth about $32,000. US Bancorp DE lifted its position in Sprott Physical Silver Trust by 21.6% during the 4th quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 1,250 shares during the period. FNY Investment Advisers LLC acquired a new stake in Sprott Physical Silver Trust during the 4th quarter worth about $80,000. Guild Investment Management Inc. acquired a new stake in Sprott Physical Silver Trust during the 4th quarter worth about $101,000. Finally, James Hambro & Partners LLP acquired a new stake in Sprott Physical Silver Trust during the 4th quarter worth about $106,000.

Sprott Physical Silver Trust Trading Down 0.6 %

NYSEARCA PSLV opened at $11.51 on Friday. The stock has a 50-day simple moving average of $10.78 and a two-hundred day simple moving average of $10.53. Sprott Physical Silver Trust has a fifty-two week low of $8.12 and a fifty-two week high of $11.77.

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.