Townsquare Capital LLC Acquires 22,139 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Townsquare Capital LLC raised its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 79.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 49,959 shares of the exchange traded fund’s stock after acquiring an additional 22,139 shares during the quarter. Townsquare Capital LLC’s holdings in Sprott Physical Silver Trust were worth $482,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PSLV. Independent Advisor Alliance purchased a new position in Sprott Physical Silver Trust during the 4th quarter worth $144,000. Stratos Wealth Partners LTD. raised its stake in Sprott Physical Silver Trust by 8.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 115,222 shares of the exchange traded fund’s stock valued at $1,112,000 after buying an additional 8,500 shares during the last quarter. Ausdal Financial Partners Inc. boosted its holdings in Sprott Physical Silver Trust by 21.0% in the fourth quarter. Ausdal Financial Partners Inc. now owns 47,820 shares of the exchange traded fund’s stock worth $461,000 after acquiring an additional 8,285 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of Sprott Physical Silver Trust by 1.7% during the fourth quarter. HighTower Advisors LLC now owns 406,149 shares of the exchange traded fund’s stock worth $3,919,000 after acquiring an additional 6,825 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Sprott Physical Silver Trust by 3,565.3% during the fourth quarter. Allworth Financial LP now owns 78,805 shares of the exchange traded fund’s stock valued at $816,000 after acquiring an additional 76,655 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 0.5 %

Shares of Sprott Physical Silver Trust stock opened at $10.96 on Monday. Sprott Physical Silver Trust has a 52 week low of $8.81 and a 52 week high of $11.77. The company has a 50 day moving average price of $11.01 and a 200 day moving average price of $10.65.

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.