Kingsview Wealth Management LLC Grows Stock Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Kingsview Wealth Management LLC grew its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 8.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 432,115 shares of the exchange traded fund’s stock after purchasing an additional 35,026 shares during the period. Kingsview Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $4,170,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. U.S. Capital Wealth Advisors LLC grew its stake in Sprott Physical Silver Trust by 2.3% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 44,856 shares of the exchange traded fund’s stock worth $433,000 after buying an additional 1,000 shares during the period. Capital Investment Advisors LLC boosted its stake in shares of Sprott Physical Silver Trust by 4.8% in the third quarter. Capital Investment Advisors LLC now owns 21,994 shares of the exchange traded fund’s stock valued at $230,000 after purchasing an additional 1,008 shares during the period. Cobblestone Asset Management LLC boosted its stake in shares of Sprott Physical Silver Trust by 1.3% in the fourth quarter. Cobblestone Asset Management LLC now owns 84,695 shares of the exchange traded fund’s stock valued at $817,000 after purchasing an additional 1,101 shares during the period. Sigma Planning Corp boosted its stake in shares of Sprott Physical Silver Trust by 1.3% in the third quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock valued at $1,018,000 after purchasing an additional 1,234 shares during the period. Finally, Islay Capital Management LLC boosted its stake in shares of Sprott Physical Silver Trust by 2.3% in the third quarter. Islay Capital Management LLC now owns 58,924 shares of the exchange traded fund’s stock valued at $616,000 after purchasing an additional 1,300 shares during the period.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $10.79 on Friday. The firm has a fifty day simple moving average of $10.22 and a 200-day simple moving average of $10.27. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month 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.