8,319 Shares in Sprott Physical Silver Trust (NYSEARCA:PSLV) Acquired by FNY Investment Advisers LLC

FNY Investment Advisers LLC purchased a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 8,319 shares of the exchange traded fund’s stock, valued at approximately $80,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Raymond James & Associates raised its holdings in shares of Sprott Physical Silver Trust by 12.7% during the third quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock valued at $24,349,000 after acquiring an additional 263,194 shares during the period. Capital Wealth Alliance LLC grew its position in Sprott Physical Silver Trust by 4.4% during the 3rd quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock worth $23,865,000 after purchasing an additional 95,988 shares in the last quarter. Jane Street Group LLC acquired a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at $19,598,000. Hollencrest Capital Management lifted its holdings in shares of Sprott Physical Silver Trust by 0.4% in the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock valued at $13,921,000 after purchasing an additional 4,868 shares in the last quarter. Finally, IMC Chicago LLC acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $11,622,000.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $10.30 on Thursday. The business’s fifty day moving average price is $10.19 and its 200 day moving average price is $10.26. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year high of $11.77.

About Sprott Physical Silver Trust

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.