Sprott Physical Silver Trust (NYSEARCA:PSLV) Stock Price Crosses Above 200 Day Moving Average of $8.50

Sprott Physical Silver Trust (NYSEARCA:PSLVGet Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.50 and traded as high as $10.13. Sprott Physical Silver Trust shares last traded at $9.97, with a volume of 5,197,714 shares trading hands.

Sprott Physical Silver Trust Price Performance

The firm’s 50 day moving average price is $9.53 and its 200-day moving average price is $8.50.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PSLV. PFG Investments LLC acquired a new stake in Sprott Physical Silver Trust during the 1st quarter worth approximately $542,000. Accordant Advisory Group Inc acquired a new stake in Sprott Physical Silver Trust during the 1st quarter worth approximately $3,700,000. Sunbelt Securities Inc. raised its holdings in Sprott Physical Silver Trust by 66.0% during the 1st quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after buying an additional 6,600 shares during the period. Commonwealth Equity Services LLC raised its holdings in Sprott Physical Silver Trust by 7.9% during the 1st quarter. Commonwealth Equity Services LLC now owns 774,227 shares of the exchange traded fund’s stock worth $6,418,000 after buying an additional 56,943 shares during the period. Finally, Pettinga Financial Advisors LLC raised its holdings in Sprott Physical Silver Trust by 5.1% during the 1st quarter. Pettinga Financial Advisors LLC now owns 170,855 shares of the exchange traded fund’s stock worth $1,416,000 after buying an additional 8,250 shares during the period.

Sprott Physical Silver Trust Company Profile

(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.

Read More

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.