Sigma Planning Corp Boosts Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Sigma Planning Corp increased its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,404 shares of the exchange traded fund’s stock after acquiring an additional 1,234 shares during the period. Sigma Planning Corp’s holdings in Sprott Physical Silver Trust were worth $1,018,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PSLV. Oxbow Advisors LLC boosted its holdings in shares of Sprott Physical Silver Trust by 4.4% in the 3rd quarter. Oxbow Advisors LLC now owns 42,869 shares of the exchange traded fund’s stock worth $448,000 after purchasing an additional 1,791 shares in the last quarter. CWA Asset Management Group LLC bought a new position in Sprott Physical Silver Trust during the third quarter valued at approximately $816,000. Hollencrest Capital Management raised its stake in shares of Sprott Physical Silver Trust by 0.4% during the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock worth $13,921,000 after acquiring an additional 4,868 shares in the last quarter. Hara Capital LLC purchased a new position in shares of Sprott Physical Silver Trust during the third quarter worth approximately $86,000. Finally, American Capital Advisory LLC lifted its holdings in shares of Sprott Physical Silver Trust by 2.5% in the 3rd quarter. American Capital Advisory LLC now owns 162,654 shares of the exchange traded fund’s stock worth $1,700,000 after acquiring an additional 4,006 shares during the last quarter.

Sprott Physical Silver Trust Stock Down 1.9 %

PSLV stock opened at $10.19 on Thursday. The firm’s fifty day moving average is $10.64 and its 200 day moving average is $10.18. Sprott Physical Silver Trust has a 52 week low of $7.40 and a 52 week high of $11.77.

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.