Pekin Hardy Strauss Inc. Boosts Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Pekin Hardy Strauss Inc. boosted its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 14.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 585,335 shares of the exchange traded fund’s stock after purchasing an additional 75,165 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Sprott Physical Silver Trust were worth $5,812,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Raymond James & Associates raised its stake in Sprott Physical Silver Trust by 8.2% during the 2nd quarter. Raymond James & Associates now owns 2,066,818 shares of the exchange traded fund’s stock worth $20,524,000 after acquiring an additional 156,501 shares during the period. StoneX Group Inc. raised its position in shares of Sprott Physical Silver Trust by 685.4% during the 1st quarter. StoneX Group Inc. now owns 203,034 shares of the exchange traded fund’s stock valued at $1,683,000 after purchasing an additional 177,184 shares during the period. Avantax Advisory Services Inc. purchased a new position in shares of Sprott Physical Silver Trust during the 1st quarter valued at $89,000. Financial Advocates Investment Management boosted its holdings in Sprott Physical Silver Trust by 52.1% in the 2nd quarter. Financial Advocates Investment Management now owns 66,315 shares of the exchange traded fund’s stock worth $659,000 after buying an additional 22,720 shares during the period. Finally, Harbour Investments Inc. increased its stake in Sprott Physical Silver Trust by 21.9% in the 2nd quarter. Harbour Investments Inc. now owns 20,999 shares of the exchange traded fund’s stock worth $209,000 after buying an additional 3,769 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 0.0 %

NYSEARCA PSLV opened at $10.39 on Tuesday. The business has a 50-day moving average price of $9.90 and a 200-day moving average price of $9.56. Sprott Physical Silver Trust has a twelve month low of $7.08 and a twelve month high of $10.88.

Sprott Physical Silver Trust 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.