Cresset Asset Management LLC Grows Stock Holdings in Sprott Physical Silver Trust $PSLV

Cresset Asset Management LLC increased its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,519 shares of the exchange traded fund’s stock after buying an additional 1,000 shares during the period. Cresset Asset Management LLC’s holdings in Sprott Physical Silver Trust were worth $400,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Dagco Inc. boosted its holdings in Sprott Physical Silver Trust by 19.5% during the first quarter. Dagco Inc. now owns 59,548 shares of the exchange traded fund’s stock worth $691,000 after buying an additional 9,708 shares in the last quarter. Rathbones Group PLC boosted its holdings in Sprott Physical Silver Trust by 252.4% during the first quarter. Rathbones Group PLC now owns 383,116 shares of the exchange traded fund’s stock worth $4,444,000 after buying an additional 274,391 shares in the last quarter. HighTower Advisors LLC raised its position in Sprott Physical Silver Trust by 8.4% during the first quarter. HighTower Advisors LLC now owns 440,084 shares of the exchange traded fund’s stock worth $5,105,000 after acquiring an additional 33,935 shares during the last quarter. Blueprint Financial Advisors LLC acquired a new position in Sprott Physical Silver Trust during the first quarter worth about $5,214,000. Finally, Blueprint Investment Partners LLC raised its position in Sprott Physical Silver Trust by 1.1% during the first quarter. Blueprint Investment Partners LLC now owns 449,485 shares of the exchange traded fund’s stock worth $5,214,000 after acquiring an additional 4,824 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $13.14 on Monday. The company has a 50-day moving average of $12.69 and a two-hundred day moving average of $11.67. Sprott Physical Silver Trust has a 12-month low of $9.42 and a 12-month high of $13.41.

Sprott Physical Silver Trust 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.