Brookstone Capital Management Acquires 124,606 Shares of Sprott Physical Silver Trust $PSLV

Brookstone Capital Management increased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 25.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 616,156 shares of the exchange traded fund’s stock after purchasing an additional 124,606 shares during the period. Brookstone Capital Management owned approximately 0.10% of Sprott Physical Silver Trust worth $14,572,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its holdings in shares of Sprott Physical Silver Trust by 163.6% in the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after buying an additional 3,582,153 shares in the last quarter. Jupiter Asset Management Ltd. lifted its position in shares of Sprott Physical Silver Trust by 29.0% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 9,814,158 shares of the exchange traded fund’s stock worth $153,560,000 after buying an additional 2,203,767 shares during the period. 3EDGE Asset Management LP acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at $34,374,000. Alps Advisors Inc. boosted its stake in Sprott Physical Silver Trust by 118.7% in the 3rd quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock valued at $47,927,000 after buying an additional 1,657,153 shares in the last quarter. Finally, TT Capital Management LLC grew its position in Sprott Physical Silver Trust by 4,785.4% in the second quarter. TT Capital Management LLC now owns 687,475 shares of the exchange traded fund’s stock valued at $8,415,000 after acquiring an additional 673,403 shares during the period.

Sprott Physical Silver Trust Trading Up 7.5%

Sprott Physical Silver Trust stock opened at $24.39 on Wednesday. Sprott Physical Silver Trust has a 52-week low of $9.97 and a 52-week high of $38.13. The stock has a fifty day moving average price of $27.14 and a two-hundred day moving average price of $22.08.

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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.