Lincoln Capital Corp lifted its position in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 33.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 130,850 shares of the exchange traded fund’s stock after buying an additional 33,050 shares during the period. Lincoln Capital Corp’s holdings in Sprott Physical Silver Trust were worth $2,535,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the business. Castleview Partners LLC lifted its stake in Sprott Physical Silver Trust by 2.0% in the third quarter. Castleview Partners LLC now owns 31,710 shares of the exchange traded fund’s stock valued at $614,000 after buying an additional 620 shares in the last quarter. Breakwater Capital Group bought a new stake in Sprott Physical Silver Trust during the third quarter worth $505,000. Professional Advisory Services Inc. grew its position in shares of Sprott Physical Silver Trust by 8.0% in the 3rd quarter. Professional Advisory Services Inc. now owns 13,280 shares of the exchange traded fund’s stock valued at $257,000 after acquiring an additional 985 shares during the period. Farther Finance Advisors LLC increased its position in Sprott Physical Silver Trust by 32.9% during the third quarter. Farther Finance Advisors LLC now owns 52,184 shares of the exchange traded fund’s stock worth $1,011,000 after buying an additional 12,928 shares during the last quarter. Finally, Apella Capital LLC lifted its holdings in Sprott Physical Silver Trust by 1.4% during the 3rd quarter. Apella Capital LLC now owns 356,341 shares of the exchange traded fund’s stock valued at $6,924,000 after purchasing an additional 5,015 shares during the last quarter.
Sprott Physical Silver Trust Stock Performance
Shares of NYSEARCA PSLV traded down $0.37 during mid-day trading on Tuesday, reaching $19.37. 4,754,502 shares of the company were exchanged, compared to its average volume of 12,479,684. Sprott Physical Silver Trust has a twelve month low of $15.06 and a twelve month high of $38.13. The company’s 50-day simple moving average is $21.01 and its 200-day simple moving average is $21.82.
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.
Further Reading
- Five stocks we like better than Sprott Physical Silver Trust
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Want to see what other hedge funds are holding PSLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report).
Receive News & Ratings for Sprott Physical Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
