SMART Wealth LLC Raises Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

SMART Wealth LLC raised its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 13.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,709 shares of the exchange traded fund’s stock after purchasing an additional 15,719 shares during the quarter. SMART Wealth LLC’s holdings in Sprott Physical Silver Trust were worth $1,376,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PSLV. Beaird Harris Wealth Management LLC raised its holdings in shares of Sprott Physical Silver Trust by 8.6% during the third quarter. Beaird Harris Wealth Management LLC now owns 101,636 shares of the exchange traded fund’s stock valued at $1,062,000 after buying an additional 8,064 shares during the last quarter. Sanctuary Advisors LLC lifted its position in shares of Sprott Physical Silver Trust by 118.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 139,496 shares of the exchange traded fund’s stock valued at $1,465,000 after acquiring an additional 75,541 shares during the last quarter. MML Investors Services LLC lifted its position in shares of Sprott Physical Silver Trust by 124.1% during the 3rd quarter. MML Investors Services LLC now owns 130,529 shares of the exchange traded fund’s stock valued at $1,364,000 after acquiring an additional 72,285 shares during the last quarter. XTX Topco Ltd acquired a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at $293,000. Finally, National Bank of Canada FI raised its stake in Sprott Physical Silver Trust by 0.5% during the 3rd quarter. National Bank of Canada FI now owns 516,333 shares of the exchange traded fund’s stock valued at $5,396,000 after purchasing an additional 2,505 shares during the period.

Sprott Physical Silver Trust Stock Down 1.4 %

NYSEARCA PSLV opened at $10.23 on Monday. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year high of $11.77. The firm’s fifty day simple moving average is $10.67 and its 200-day simple moving average is $10.27.

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.