PFG Investments LLC Acquires Shares of 65,375 Sprott Physical Silver Trust (NYSEARCA:PSLV)

PFG Investments LLC purchased a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 65,375 shares of the exchange traded fund’s stock, valued at approximately $542,000.

Several other large investors have also recently bought and sold shares of the stock. Sunbelt Securities Inc. increased its stake in shares of Sprott Physical Silver Trust by 66.0% during the first quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after purchasing an additional 6,600 shares during the period. Clarity Financial LLC acquired a new stake in shares of Sprott Physical Silver Trust during the first quarter worth $276,000. Columbia Advisory Partners LLC boosted its position in shares of Sprott Physical Silver Trust by 29.3% in the first quarter. Columbia Advisory Partners LLC now owns 55,444 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 12,553 shares during the period. Kovack Advisors Inc. acquired a new position in shares of Sprott Physical Silver Trust in the first quarter valued at about $729,000. Finally, Pettinga Financial Advisors LLC increased its position in Sprott Physical Silver Trust by 5.1% during the first quarter. Pettinga Financial Advisors LLC now owns 170,855 shares of the exchange traded fund’s stock worth $1,416,000 after acquiring an additional 8,250 shares during the period.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock traded down $0.03 during midday trading on Monday, hitting $9.21. The company’s stock had a trading volume of 2,603,605 shares, compared to its average volume of 3,358,543. Sprott Physical Silver Trust has a 1-year low of $7.08 and a 1-year high of $9.97. The company has a 50-day moving average price of $8.55 and a two-hundred day moving average price of $8.12.

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.