Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Gap Down to $10.50

Sprott Physical Silver Trust (NYSEARCA:PSLVGet Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $10.50, but opened at $10.06. Sprott Physical Silver Trust shares last traded at $9.99, with a volume of 494,017 shares.

Sprott Physical Silver Trust Stock Down 5.2 %

The business has a fifty day simple moving average of $9.61 and a 200-day simple moving average of $8.53.

Institutional Investors Weigh In On Sprott Physical Silver Trust

Large investors have recently bought and sold shares of the business. Columbia Advisory Partners LLC boosted its position in 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 worth $460,000 after purchasing an additional 12,553 shares during the last quarter. Sunbelt Securities Inc. boosted its position in Sprott Physical Silver Trust by 66.0% in 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 last quarter. Clarity Financial LLC purchased a new position in Sprott Physical Silver Trust in the first quarter worth about $276,000. Wealth Enhancement Advisory Services LLC boosted its position in Sprott Physical Silver Trust by 12.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 307,826 shares of the exchange traded fund’s stock worth $2,552,000 after purchasing an additional 33,870 shares during the last quarter. Finally, Pasadena Private Wealth LLC boosted its position in Sprott Physical Silver Trust by 3.5% in the first quarter. Pasadena Private Wealth LLC now owns 326,213 shares of the exchange traded fund’s stock worth $2,704,000 after purchasing an additional 11,036 shares during the last quarter.

About Sprott Physical Silver Trust

(Get Free Report)

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.

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