Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC raised its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3,417.0% during the 3rd quarter, Holdings Channel reports. The firm owned 911,223 shares of the exchange traded fund’s stock after buying an additional 885,314 shares during the quarter. Flow Traders U.S. LLC’s holdings in Sprott Physical Silver Trust were worth $9,522,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Creative Planning grew its stake in Sprott Physical Silver Trust by 14.7% in the 2nd quarter. Creative Planning now owns 64,268 shares of the exchange traded fund’s stock valued at $638,000 after acquiring an additional 8,218 shares during the period. Raymond James & Associates grew its position in shares of Sprott Physical Silver Trust by 8.2% in the second quarter. Raymond James & Associates now owns 2,066,818 shares of the exchange traded fund’s stock valued at $20,524,000 after purchasing an additional 156,501 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Sprott Physical Silver Trust during the second quarter worth about $591,000. Parsons Capital Management Inc. RI raised its position in shares of Sprott Physical Silver Trust by 0.3% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 348,916 shares of the exchange traded fund’s stock worth $3,465,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Financial Advocates Investment Management lifted its stake in Sprott Physical Silver Trust by 52.1% in the 2nd quarter. Financial Advocates Investment Management now owns 66,315 shares of the exchange traded fund’s stock valued at $659,000 after buying an additional 22,720 shares in the last quarter.

Sprott Physical Silver Trust Trading Up 2.0 %

PSLV stock opened at $10.32 on Friday. The business’s 50-day moving average is $10.71 and its 200 day moving average is $10.26. Sprott Physical Silver Trust has a 12-month low of $7.40 and a 12-month high of $11.77.

About Sprott Physical Silver Trust

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.