Prospera Financial Services Inc Buys 144,014 Shares of Sprott Physical Silver Trust $PSLV

Prospera Financial Services Inc grew its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 12.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,291,526 shares of the exchange traded fund’s stock after acquiring an additional 144,014 shares during the quarter. Prospera Financial Services Inc’s holdings in Sprott Physical Silver Trust were worth $20,277,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PSLV. Jane Street Group LLC lifted its position in Sprott Physical Silver Trust by 163.6% in the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after purchasing an additional 3,582,153 shares during the period. 3EDGE Asset Management LP bought a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $34,374,000. Alps Advisors Inc. lifted its holdings in shares of Sprott Physical Silver Trust by 118.7% during the 3rd quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock worth $47,927,000 after acquiring an additional 1,657,153 shares during the period. Jupiter Asset Management Ltd. boosted its position in shares of Sprott Physical Silver Trust by 15.2% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 7,610,391 shares of the exchange traded fund’s stock valued at $93,214,000 after acquiring an additional 1,002,527 shares in the last quarter. Finally, TT Capital Management LLC increased its stake in Sprott Physical Silver Trust by 4,785.4% in the second quarter. TT Capital Management LLC now owns 687,475 shares of the exchange traded fund’s stock valued at $8,415,000 after acquiring an additional 673,403 shares during the period.

Sprott Physical Silver Trust Price Performance

Shares of PSLV opened at $27.49 on Tuesday. Sprott Physical Silver Trust has a 1 year low of $9.97 and a 1 year high of $38.13. The stock has a 50 day simple moving average of $25.72 and a 200-day simple moving average of $18.81.

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. 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.