Kingsview Wealth Management LLC Raises Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Kingsview Wealth Management LLC boosted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 26.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 397,089 shares of the exchange traded fund’s stock after buying an additional 81,991 shares during the period. Kingsview Wealth Management LLC owned 0.08% of Sprott Physical Silver Trust worth $4,150,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Waddell & Associates LLC boosted its stake in Sprott Physical Silver Trust by 46.0% during the 3rd quarter. Waddell & Associates LLC now owns 254,591 shares of the exchange traded fund’s stock worth $2,660,000 after purchasing an additional 80,160 shares during the last quarter. Moors & Cabot Inc. lifted its stake in shares of Sprott Physical Silver Trust by 1.1% in the third quarter. Moors & Cabot Inc. now owns 177,012 shares of the exchange traded fund’s stock worth $1,850,000 after buying an additional 1,966 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in Sprott Physical Silver Trust during the third quarter worth about $32,000. Prospera Financial Services Inc grew its stake in Sprott Physical Silver Trust by 5.4% during the 3rd quarter. Prospera Financial Services Inc now owns 552,979 shares of the exchange traded fund’s stock valued at $5,779,000 after acquiring an additional 28,328 shares in the last quarter. Finally, Islay Capital Management LLC raised its holdings in Sprott Physical Silver Trust by 2.3% in the 3rd quarter. Islay Capital Management LLC now owns 58,924 shares of the exchange traded fund’s stock valued at $616,000 after acquiring an additional 1,300 shares during the last quarter.

Sprott Physical Silver Trust Price Performance

PSLV opened at $10.50 on Monday. The company’s 50 day simple moving average is $10.72 and its two-hundred day simple moving average is $10.25. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year 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.