Capital Wealth Alliance LLC Acquires 95,988 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Capital Wealth Alliance LLC boosted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 4.4% in the 3rd quarter, Holdings Channel reports. The firm owned 2,283,211 shares of the exchange traded fund’s stock after buying an additional 95,988 shares during the period. Sprott Physical Silver Trust makes up approximately 13.9% of Capital Wealth Alliance LLC’s portfolio, making the stock its largest holding. Capital Wealth Alliance LLC’s holdings in Sprott Physical Silver Trust were worth $23,865,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in PSLV. Parsons Capital Management Inc. RI boosted its position in shares of Sprott Physical Silver Trust by 0.3% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 348,916 shares of the exchange traded fund’s stock valued at $3,465,000 after purchasing an additional 1,000 shares during the period. Capital Investment Advisors LLC boosted its holdings in shares of Sprott Physical Silver Trust by 4.8% in the third quarter. Capital Investment Advisors LLC now owns 21,994 shares of the exchange traded fund’s stock worth $230,000 after buying an additional 1,008 shares during the period. Rockport Wealth LLC increased its position in shares of Sprott Physical Silver Trust by 2.0% in the second quarter. Rockport Wealth LLC now owns 78,975 shares of the exchange traded fund’s stock worth $784,000 after acquiring an additional 1,525 shares in the last quarter. Synergy Asset Management LLC raised its holdings in shares of Sprott Physical Silver Trust by 18.6% during the second quarter. Synergy Asset Management LLC now owns 12,977 shares of the exchange traded fund’s stock valued at $129,000 after acquiring an additional 2,035 shares during the period. Finally, ADE LLC raised its holdings in shares of Sprott Physical Silver Trust by 8.3% during the third quarter. ADE LLC now owns 33,357 shares of the exchange traded fund’s stock valued at $349,000 after acquiring an additional 2,545 shares during the period.

Sprott Physical Silver Trust Trading Up 0.5 %

Sprott Physical Silver Trust stock traded up $0.06 during midday trading on Monday, reaching $11.02. The stock had a trading volume of 1,785,783 shares, compared to its average volume of 4,647,277. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77. The firm’s fifty day simple moving average is $10.53 and its two-hundred day simple moving average is $10.11.

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.