Prospera Financial Services Inc Has $14.05 Million Stock Holdings in Sprott Physical Silver Trust $PSLV

Prospera Financial Services Inc increased its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 102.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,147,512 shares of the exchange traded fund’s stock after buying an additional 580,287 shares during the period. Prospera Financial Services Inc owned 0.20% of Sprott Physical Silver Trust worth $14,045,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Regency Capital Management Inc. DE raised its position in Sprott Physical Silver Trust by 3.1% in the 2nd quarter. Regency Capital Management Inc. DE now owns 208,896 shares of the exchange traded fund’s stock worth $2,557,000 after purchasing an additional 6,200 shares during the last quarter. Moors & Cabot Inc. raised its position in shares of Sprott Physical Silver Trust by 0.9% during the first quarter. Moors & Cabot Inc. now owns 177,701 shares of the exchange traded fund’s stock worth $2,061,000 after acquiring an additional 1,512 shares during the last quarter. Cresset Asset Management LLC lifted its stake in shares of Sprott Physical Silver Trust by 3.0% during the first quarter. Cresset Asset Management LLC now owns 34,519 shares of the exchange traded fund’s stock valued at $400,000 after acquiring an additional 1,000 shares during the period. Pasadena Private Wealth LLC boosted its holdings in Sprott Physical Silver Trust by 2.9% in the first quarter. Pasadena Private Wealth LLC now owns 515,913 shares of the exchange traded fund’s stock valued at $5,985,000 after acquiring an additional 14,466 shares during the last quarter. Finally, PFG Advisors increased its position in Sprott Physical Silver Trust by 7.9% in the first quarter. PFG Advisors now owns 49,402 shares of the exchange traded fund’s stock worth $573,000 after purchasing an additional 3,601 shares during the period.

Sprott Physical Silver Trust Stock Performance

Sprott Physical Silver Trust stock opened at $16.07 on Friday. Sprott Physical Silver Trust has a 1 year low of $9.60 and a 1 year high of $18.15. The company’s 50-day moving average is $15.48 and its two-hundred day moving average is $13.29.

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.