Creative Planning Raises Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Creative Planning boosted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 14.7% in the second quarter, Holdings Channel reports. The institutional investor owned 64,268 shares of the exchange traded fund’s stock after acquiring an additional 8,218 shares during the period. Creative Planning’s holdings in Sprott Physical Silver Trust were worth $638,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Susquehanna International Group LLP boosted its holdings in shares of Sprott Physical Silver Trust by 337.4% in the 2nd quarter. Susquehanna International Group LLP now owns 335,536 shares of the exchange traded fund’s stock valued at $3,332,000 after buying an additional 258,816 shares in the last quarter. Rockport Wealth LLC boosted its stake in 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 valued at $784,000 after acquiring an additional 1,525 shares in the last quarter. Beaird Harris Wealth Management LLC grew its holdings in Sprott Physical Silver Trust by 157.5% in the second quarter. Beaird Harris Wealth Management LLC now owns 93,572 shares of the exchange traded fund’s stock worth $929,000 after purchasing an additional 57,235 shares during the last quarter. Insigneo Advisory Services LLC acquired a new position in shares of Sprott Physical Silver Trust during the second quarter worth $1,291,000. Finally, Bank of Montreal Can lifted its holdings in shares of Sprott Physical Silver Trust by 3.8% during the 2nd quarter. Bank of Montreal Can now owns 440,447 shares of the exchange traded fund’s stock valued at $4,634,000 after purchasing an additional 15,979 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $10.67 on Monday. The stock’s fifty day moving average price is $10.07 and its 200 day moving average price is $9.89. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year high of $11.09.

Sprott Physical Silver Trust 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.