PNC Financial Services Group Inc. Grows Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

PNC Financial Services Group Inc. grew its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 8.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,222 shares of the exchange traded fund’s stock after purchasing an additional 2,038 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Sprott Physical Silver Trust were worth $263,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in PSLV. Beam Wealth Advisors Inc. boosted its stake in Sprott Physical Silver Trust by 8.9% in the 4th quarter. Beam Wealth Advisors Inc. now owns 62,615 shares of the exchange traded fund’s stock worth $604,000 after purchasing an additional 5,115 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Sprott Physical Silver Trust during the 4th quarter valued at about $25,348,000. Atria Investments Inc boosted its position in shares of Sprott Physical Silver Trust by 6.9% during the 4th quarter. Atria Investments Inc now owns 14,232 shares of the exchange traded fund’s stock valued at $137,000 after acquiring an additional 921 shares during the last quarter. Fidelis Capital Partners LLC boosted its position in shares of Sprott Physical Silver Trust by 50.5% during the 4th quarter. Fidelis Capital Partners LLC now owns 1,630,350 shares of the exchange traded fund’s stock valued at $17,216,000 after acquiring an additional 547,050 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of 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 valued at $68,000 after acquiring an additional 1,250 shares during the last quarter.

Sprott Physical Silver Trust Trading Down 1.9 %

Shares of PSLV opened at $11.29 on Friday. The stock has a 50-day moving average price of $10.80 and a 200-day moving average price of $10.55. Sprott Physical Silver Trust has a 12-month low of $8.12 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.