Pacific Sage Partners LLC raised its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 2.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 418,711 shares of the exchange traded fund’s stock after acquiring an additional 11,445 shares during the quarter. Sprott Physical Silver Trust accounts for about 1.0% of Pacific Sage Partners LLC’s portfolio, making the stock its 19th biggest holding. Pacific Sage Partners LLC’s holdings in Sprott Physical Silver Trust were worth $4,376,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Financial Advocates Investment Management lifted its holdings in Sprott Physical Silver Trust by 19.0% in the 3rd quarter. Financial Advocates Investment Management now owns 78,905 shares of the exchange traded fund’s stock valued at $825,000 after acquiring an additional 12,590 shares during the last quarter. IMC Chicago LLC acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at about $11,622,000. ADE LLC lifted its holdings in Sprott Physical Silver Trust by 8.3% in the 3rd 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 last quarter. Pettinga Financial Advisors LLC lifted its holdings in Sprott Physical Silver Trust by 24.4% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 196,355 shares of the exchange traded fund’s stock valued at $2,052,000 after acquiring an additional 38,490 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at about $163,000.
Sprott Physical Silver Trust Price Performance
Shares of NYSEARCA PSLV opened at $11.08 on Friday. The firm has a 50-day moving average of $10.49 and a two-hundred day moving average of $10.09. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve 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.
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