138,652 Shares in Sprott Physical Silver Trust (NYSEARCA:PSLV) Acquired by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC bought a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 138,652 shares of the exchange traded fund’s stock, valued at approximately $1,291,000.

A number of other hedge funds also recently modified their holdings of the business. Bank of Montreal Can grew its holdings in shares of Sprott Physical Silver Trust by 3.8% during the second quarter. Bank of Montreal Can now owns 440,447 shares of the exchange traded fund’s stock valued at $4,634,000 after buying an additional 15,979 shares in the last quarter. Fidelis Capital Partners LLC boosted its position in Sprott Physical Silver Trust by 0.7% during the 2nd quarter. Fidelis Capital Partners LLC now owns 1,083,300 shares of the exchange traded fund’s stock worth $9,934,000 after acquiring an additional 7,000 shares during the period. AE Wealth Management LLC grew its stake in Sprott Physical Silver Trust by 136.0% during the 2nd quarter. AE Wealth Management LLC now owns 56,420 shares of the exchange traded fund’s stock valued at $560,000 after acquiring an additional 32,515 shares in the last quarter. Pekin Hardy Strauss Inc. increased its holdings in shares of Sprott Physical Silver Trust by 14.7% in the 2nd quarter. Pekin Hardy Strauss Inc. now owns 585,335 shares of the exchange traded fund’s stock valued at $5,812,000 after purchasing an additional 75,165 shares during the period. Finally, Black Diamond Financial LLC purchased a new stake in shares of Sprott Physical Silver Trust in the second quarter worth approximately $735,000.

Sprott Physical Silver Trust Stock Performance

PSLV stock opened at $10.65 on Thursday. The firm has a 50 day simple moving average of $9.88 and a 200 day simple moving average of $9.69. Sprott Physical Silver Trust has a 52 week low of $7.08 and a 52 week high of $10.88.

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.