Capital Wealth Alliance LLC Raises Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Capital Wealth Alliance LLC raised its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 5.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,187,223 shares of the exchange traded fund’s stock after acquiring an additional 118,657 shares during the period. Sprott Physical Silver Trust comprises approximately 12.4% of Capital Wealth Alliance LLC’s holdings, making the stock its largest holding. Capital Wealth Alliance LLC owned 0.45% of Sprott Physical Silver Trust worth $21,717,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Columbia Advisory Partners LLC grew its holdings in shares of Sprott Physical Silver Trust by 29.3% in the 1st quarter. Columbia Advisory Partners LLC now owns 55,444 shares of the exchange traded fund’s stock worth $460,000 after purchasing an additional 12,553 shares during the last quarter. Sunbelt Securities Inc. raised its position in shares of Sprott Physical Silver Trust by 66.0% during the first quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after acquiring an additional 6,600 shares during the last quarter. Clarity Financial LLC acquired a new position in shares of Sprott Physical Silver Trust during the first quarter valued at $276,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Sprott Physical Silver Trust by 12.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 307,826 shares of the exchange traded fund’s stock valued at $2,552,000 after acquiring an additional 33,870 shares during the period. Finally, Pasadena Private Wealth LLC boosted its holdings in Sprott Physical Silver Trust by 3.5% in the first quarter. Pasadena Private Wealth LLC now owns 326,213 shares of the exchange traded fund’s stock valued at $2,704,000 after acquiring an additional 11,036 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 2.5 %

NYSEARCA PSLV traded up $0.25 during trading hours on Friday, hitting $10.15. The company’s stock had a trading volume of 8,488,066 shares, compared to its average volume of 3,997,783. Sprott Physical Silver Trust has a twelve month low of $7.08 and a twelve month high of $10.88. The stock has a fifty day moving average of $9.96 and a 200 day moving average of $9.28.

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.