Envestnet Asset Management Inc. Raises Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Envestnet Asset Management Inc. grew its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLVGet Rating) by 10.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 704,015 shares of the exchange traded fund’s stock after purchasing an additional 65,098 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.16% of Sprott Physical Silver Trust worth $4,858,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. ACG Wealth purchased a new position in shares of Sprott Physical Silver Trust during the 2nd quarter worth $28,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Sprott Physical Silver Trust by 120.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,675 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 2,550 shares during the last quarter. Tradition Wealth Management LLC increased its holdings in shares of Sprott Physical Silver Trust by 33.8% during the 1st quarter. Tradition Wealth Management LLC now owns 7,916 shares of the exchange traded fund’s stock worth $69,000 after buying an additional 2,000 shares during the last quarter. Intrua Financial LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 1st quarter worth $94,000. Finally, Thompson Davis & CO. Inc. acquired a new stake in shares of Sprott Physical Silver Trust during the 2nd quarter worth $76,000.

Sprott Physical Silver Trust Stock Performance

PSLV stock opened at $7.41 on Friday. The business has a fifty day simple moving average of $6.74 and a 200-day simple moving average of $6.95. Sprott Physical Silver Trust has a 52 week low of $6.16 and a 52 week high of $9.31.

About Sprott Physical Silver Trust

(Get Rating)

Sprott Physical Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical silver bullion in London Good Delivery bar form. Sprott Physical Silver Trust was formed on June 30, 2010 and is domiciled in Canada.

Recommended Stories

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:PSLVGet Rating).

Institutional Ownership by Quarter for Sprott Physical Silver Trust (NYSEARCA:PSLV)

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.