Sprott Physical Silver Trust (NYSEARCA:PSLV) Stake Increased by Pacific Sage Partners LLC

Pacific Sage Partners LLC increased its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 418,711 shares of the exchange traded fund’s stock after buying an additional 11,445 shares during the period. Sprott Physical Silver Trust comprises about 1.0% of Pacific Sage Partners LLC’s investment portfolio, making the stock its 19th largest position. Pacific Sage Partners LLC owned approximately 0.09% of Sprott Physical Silver Trust worth $4,376,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Parsons Capital Management Inc. RI increased its stake in Sprott Physical Silver Trust by 0.3% during the second quarter. Parsons Capital Management Inc. RI now owns 348,916 shares of the exchange traded fund’s stock valued at $3,465,000 after purchasing an additional 1,000 shares during the last quarter. Capital Investment Advisors LLC increased its stake in Sprott Physical Silver Trust by 4.8% during 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 last quarter. Rockport Wealth LLC increased its stake in Sprott Physical Silver Trust by 2.0% during the second quarter. Rockport Wealth LLC now owns 78,975 shares of the exchange traded fund’s stock valued at $784,000 after purchasing an additional 1,525 shares during the last quarter. Synergy Asset Management LLC increased its stake in Sprott Physical Silver Trust by 18.6% during the second quarter. Synergy Asset Management LLC now owns 12,977 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 2,035 shares during the last quarter. Finally, ADE LLC increased its stake in Sprott Physical Silver Trust by 8.3% during the third quarter. ADE LLC now owns 33,357 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 2,545 shares during the last quarter.

Sprott Physical Silver Trust Trading Down 3.1 %

PSLV stock opened at $11.08 on Friday. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year high of $11.77. The firm has a fifty day moving average price of $10.49 and a two-hundred day moving average price of $10.09.

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.