Sprott Physical Silver Trust (NYSEARCA:PSLV) Stock Price Up 3.2%

Shares of Sprott Physical Silver Trust (NYSEARCA:PSLVGet Free Report) rose 3.2% on Tuesday . The stock traded as high as $8.66 and last traded at $8.62. Approximately 1,732,746 shares traded hands during trading, a decline of 34% from the average daily volume of 2,620,501 shares. The stock had previously closed at $8.35.

Sprott Physical Silver Trust Trading Up 4.1 %

The firm has a 50-day moving average of $7.93 and a two-hundred day moving average of $7.89.

Hedge Funds Weigh In On Sprott Physical Silver Trust

Several large investors have recently bought and sold shares of PSLV. Smith Moore & CO. raised its position in shares of Sprott Physical Silver Trust by 1.3% during the first quarter. Smith Moore & CO. now owns 98,372 shares of the exchange traded fund’s stock worth $820,000 after acquiring an additional 1,249 shares during the last quarter. Wealthsource Partners LLC raised its position in shares of Sprott Physical Silver Trust by 0.6% during the second quarter. Wealthsource Partners LLC now owns 212,160 shares of the exchange traded fund’s stock worth $1,653,000 after acquiring an additional 1,351 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in shares of Sprott Physical Silver Trust by 9.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 16,350 shares of the exchange traded fund’s stock worth $136,000 after acquiring an additional 1,400 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Sprott Physical Silver Trust by 2.8% during the first quarter. NewEdge Advisors LLC now owns 64,641 shares of the exchange traded fund’s stock worth $567,000 after acquiring an additional 1,737 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Sprott Physical Silver Trust by 3.3% during the first quarter. Mercer Global Advisors Inc. ADV now owns 54,328 shares of the exchange traded fund’s stock worth $453,000 after acquiring an additional 1,740 shares during the last quarter.

Sprott Physical Silver Trust Company Profile

(Get Free Report)

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.

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