Lincoln Capital Corp Has $2.38 Million Stock Holdings in Sprott Physical Silver Trust $PSLV

Lincoln Capital Corp reduced its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 40.3% in the 1st quarter, Holdings Channel reports. The firm owned 97,800 shares of the exchange traded fund’s stock after selling 66,000 shares during the period. Lincoln Capital Corp’s holdings in Sprott Physical Silver Trust were worth $2,385,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its stake in shares of Sprott Physical Silver Trust by 23.2% in the 1st quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock valued at $788,000 after purchasing an additional 12,810 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Sprott Physical Silver Trust by 5.2% during the 2nd quarter. Cerity Partners LLC now owns 102,908 shares of the exchange traded fund’s stock worth $1,260,000 after buying an additional 5,081 shares during the last quarter. Ausdal Financial Partners Inc. boosted its stake in Sprott Physical Silver Trust by 24.0% in the second quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock valued at $916,000 after buying an additional 14,484 shares in the last quarter. Jane Street Group LLC boosted its stake 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 valued at $70,650,000 after buying an additional 3,582,153 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Sprott Physical Silver Trust by 4.7% in the second quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock valued at $5,693,000 after acquiring an additional 20,856 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Sprott Physical Silver Trust stock opened at $21.00 on Monday. Sprott Physical Silver Trust has a 12-month low of $11.91 and a 12-month high of $38.13. The business’s 50-day moving average price is $24.10 and its two-hundred day moving average price is $25.15.

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.