Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 0.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 301,194 shares of the exchange traded fund’s stock after purchasing an additional 2,707 shares during the period. Private Advisor Group LLC owned approximately 0.06% of Sprott Physical Silver Trust worth $3,147,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PSLV. Eastern Bank acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter valued at about $45,000. ORG Wealth Partners LLC acquired a new position in Sprott Physical Silver Trust during the third quarter worth about $70,000. Avantax Advisory Services Inc. acquired a new position in Sprott Physical Silver Trust during the first quarter worth about $89,000. Sandy Cove Advisors LLC acquired a new position in Sprott Physical Silver Trust during the second quarter worth about $99,000. Finally, ORG Partners LLC acquired a new position in Sprott Physical Silver Trust during the first quarter worth about $102,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $11.42 on Tuesday. The company has a 50-day moving average of $10.43 and a two-hundred day moving average of $10.06. Sprott Physical Silver Trust has a 12-month low of $7.40 and a 12-month 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.