Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. boosted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLVFree Report) by 9.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 237,338 shares of the exchange traded fund’s stock after buying an additional 21,233 shares during the period. Kovack Advisors Inc.’s holdings in Sprott Physical Silver Trust were worth $2,480,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Parsons Capital Management Inc. RI increased its holdings in shares of Sprott Physical Silver Trust by 0.3% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 348,916 shares of the exchange traded fund’s stock worth $3,465,000 after buying an additional 1,000 shares during the last quarter. Capital Investment Advisors LLC grew its position in 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 worth $230,000 after acquiring an additional 1,008 shares during the period. Sigma Planning Corp increased its stake in Sprott Physical Silver Trust by 1.3% during the third quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock worth $1,018,000 after acquiring an additional 1,234 shares during the last quarter. Rockport Wealth LLC raised its position in Sprott Physical Silver Trust by 2.0% in 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 period. Finally, Oxbow Advisors LLC lifted its stake 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 valued at $448,000 after purchasing an additional 1,791 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA PSLV traded down $0.05 during mid-day trading on Wednesday, reaching $10.34. 1,824,461 shares of the company’s stock were exchanged, compared to its average volume of 4,775,818. The company’s 50-day moving average is $10.63 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 Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sprott Physical Silver Trust (NYSEARCA:PSLV)

Receive News & Ratings for Sprott Physical Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.