75,704 Shares in Sprott Physical Silver Trust $PSLV Acquired by Scotia Capital Inc.

Scotia Capital Inc. bought a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the second quarter, HoldingsChannel.com reports. The firm bought 75,704 shares of the exchange traded fund’s stock, valued at approximately $942,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PSLV. Avantax Advisory Services Inc. raised its stake in shares of Sprott Physical Silver Trust by 41.3% in the first quarter. Avantax Advisory Services Inc. now owns 29,433 shares of the exchange traded fund’s stock valued at $341,000 after acquiring an additional 8,598 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Sprott Physical Silver Trust by 48.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 40,449 shares of the exchange traded fund’s stock worth $469,000 after purchasing an additional 13,227 shares in the last quarter. Blair William & Co. IL increased its holdings in Sprott Physical Silver Trust by 2.1% during the 1st quarter. Blair William & Co. IL now owns 65,991 shares of the exchange traded fund’s stock worth $765,000 after purchasing an additional 1,350 shares during the period. AlphaCore Capital LLC acquired a new stake in Sprott Physical Silver Trust in the 1st quarter valued at about $817,000. Finally, Beam Wealth Advisors Inc. raised its position in Sprott Physical Silver Trust by 3.7% in the 1st quarter. Beam Wealth Advisors Inc. now owns 64,925 shares of the exchange traded fund’s stock valued at $753,000 after purchasing an additional 2,310 shares in the last quarter.

Sprott Physical Silver Trust Trading Up 3.5%

Shares of PSLV opened at $19.31 on Tuesday. Sprott Physical Silver Trust has a 1 year low of $9.60 and a 1 year high of $19.61. The stock has a 50-day simple moving average of $16.50 and a 200-day simple moving average of $14.03.

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.