World Investment Advisors Purchases 214,997 Shares of Sprott Physical Silver Trust $PSLV

World Investment Advisors raised its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 38.6% during the third quarter, Holdings Channel reports. The firm owned 771,495 shares of the exchange traded fund’s stock after purchasing an additional 214,997 shares during the period. World Investment Advisors’ holdings in Sprott Physical Silver Trust were worth $12,112,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of PSLV. Brookstone Capital Management raised its stake in Sprott Physical Silver Trust by 1.0% during the third quarter. Brookstone Capital Management now owns 491,550 shares of the exchange traded fund’s stock worth $7,717,000 after buying an additional 5,099 shares during the last quarter. Founders Financial Securities LLC grew its holdings in Sprott Physical Silver Trust by 40.9% during the 3rd quarter. Founders Financial Securities LLC now owns 29,287 shares of the exchange traded fund’s stock worth $460,000 after acquiring an additional 8,496 shares during the period. Vontobel Holding Ltd. grew its holdings in Sprott Physical Silver Trust by 20.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 18,000 shares of the exchange traded fund’s stock worth $283,000 after acquiring an additional 3,000 shares during the period. Crane Advisory LLC bought a new position in shares of Sprott Physical Silver Trust in the 3rd quarter worth about $171,000. Finally, DAVENPORT & Co LLC lifted its stake in shares of Sprott Physical Silver Trust by 1.6% in the 3rd quarter. DAVENPORT & Co LLC now owns 176,649 shares of the exchange traded fund’s stock valued at $2,773,000 after purchasing an additional 2,828 shares during the period.

Sprott Physical Silver Trust Stock Performance

Shares of Sprott Physical Silver Trust stock opened at $23.96 on Thursday. The stock’s 50-day moving average is $18.18 and its 200 day moving average is $15.17. Sprott Physical Silver Trust has a one year low of $9.60 and a one year high of $24.03.

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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.