Apollon Wealth Management LLC boosted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 3.4% in the second quarter, Holdings Channel reports. The firm owned 98,916 shares of the exchange traded fund’s stock after purchasing an additional 3,280 shares during the period. Apollon Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $1,211,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Destiny Wealth Partners LLC boosted its holdings in shares of Sprott Physical Silver Trust by 2.9% in the second quarter. Destiny Wealth Partners LLC now owns 32,085 shares of the exchange traded fund’s stock valued at $393,000 after buying an additional 904 shares during the period. Cresset Asset Management LLC boosted its holdings in shares of Sprott Physical Silver Trust by 3.0% in the first quarter. Cresset Asset Management LLC now owns 34,519 shares of the exchange traded fund’s stock valued at $400,000 after buying an additional 1,000 shares during the period. Total Wealth Planning & Management Inc. boosted its holdings in shares of Sprott Physical Silver Trust by 4.7% in the second quarter. Total Wealth Planning & Management Inc. now owns 22,460 shares of the exchange traded fund’s stock valued at $275,000 after buying an additional 1,000 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of Sprott Physical Silver Trust by 1.4% in the first quarter. Sequoia Financial Advisors LLC now owns 75,267 shares of the exchange traded fund’s stock valued at $873,000 after buying an additional 1,045 shares during the period. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of Sprott Physical Silver Trust by 0.6% in the first quarter. Integrated Wealth Concepts LLC now owns 199,057 shares of the exchange traded fund’s stock valued at $2,309,000 after buying an additional 1,107 shares during the period.
Sprott Physical Silver Trust Trading Down 0.6%
Sprott Physical Silver Trust stock opened at $17.18 on Wednesday. Sprott Physical Silver Trust has a twelve month low of $9.60 and a twelve month high of $17.44. The company has a 50 day moving average of $14.29 and a 200-day moving average of $12.60.
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.
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