Sprott Physical Silver Trust $PSLV Position Boosted by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC increased its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,450,302 shares of the exchange traded fund’s stock after acquiring an additional 28,830 shares during the quarter. Sprott Physical Silver Trust comprises about 16.1% of Capital Wealth Alliance LLC’s portfolio, making the stock its largest holding. Capital Wealth Alliance LLC’s holdings in Sprott Physical Silver Trust were worth $29,989,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Sprott Physical Silver Trust by 15.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 523,675 shares of the exchange traded fund’s stock valued at $6,075,000 after purchasing an additional 69,345 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Sprott Physical Silver Trust by 9.7% in the first quarter. Oppenheimer & Co. Inc. now owns 58,210 shares of the exchange traded fund’s stock worth $675,000 after purchasing an additional 5,136 shares during the last quarter. Spire Wealth Management lifted its position in shares of Sprott Physical Silver Trust by 6.5% in the first quarter. Spire Wealth Management now owns 213,039 shares of the exchange traded fund’s stock worth $2,471,000 after buying an additional 12,916 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Sprott Physical Silver Trust by 1.4% during the first quarter. Sequoia Financial Advisors LLC now owns 75,267 shares of the exchange traded fund’s stock valued at $873,000 after buying an additional 1,045 shares during the last quarter. Finally, Transcend Capital Advisors LLC grew its holdings in Sprott Physical Silver Trust by 21.9% during the 1st quarter. Transcend Capital Advisors LLC now owns 58,500 shares of the exchange traded fund’s stock valued at $679,000 after buying an additional 10,500 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 0.3%

NYSEARCA:PSLV opened at $16.02 on Thursday. Sprott Physical Silver Trust has a 1 year low of $9.60 and a 1 year high of $18.15. The stock’s 50 day simple moving average is $14.79 and its two-hundred day simple moving average is $12.84.

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.