PNC Financial Services Group Inc. Acquires 13,227 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

PNC Financial Services Group Inc. lifted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 48.6% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 40,449 shares of the exchange traded fund’s stock after purchasing an additional 13,227 shares during the period. PNC Financial Services Group Inc.’s holdings in Sprott Physical Silver Trust were worth $469,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. PFG Advisors boosted its position in Sprott Physical Silver Trust by 7.9% during the first quarter. PFG Advisors now owns 49,402 shares of the exchange traded fund’s stock valued at $573,000 after buying an additional 3,601 shares during the period. Moors & Cabot Inc. lifted its stake in shares of Sprott Physical Silver Trust by 0.9% in the 1st quarter. Moors & Cabot Inc. now owns 177,701 shares of the exchange traded fund’s stock valued at $2,061,000 after acquiring an additional 1,512 shares during the last quarter. LPL Financial LLC boosted its holdings in Sprott Physical Silver Trust by 15.3% during the 1st quarter. LPL Financial LLC now owns 2,496,122 shares of the exchange traded fund’s stock valued at $28,955,000 after acquiring an additional 332,138 shares during the period. PFG Investments LLC boosted its holdings in Sprott Physical Silver Trust by 28.2% during the 1st quarter. PFG Investments LLC now owns 89,450 shares of the exchange traded fund’s stock valued at $1,038,000 after acquiring an additional 19,670 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in 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 worth $6,075,000 after acquiring an additional 69,345 shares during the last quarter.

Sprott Physical Silver Trust Stock Up 1.6%

Shares of Sprott Physical Silver Trust stock opened at $13.06 on Thursday. Sprott Physical Silver Trust has a one year low of $9.29 and a one year high of $13.41. The business’s 50 day simple moving average is $12.58 and its two-hundred day simple moving average is $11.54.

Sprott Physical Silver Trust Company Profile

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.