Apella Capital LLC Grows Stock Position in Sprott Physical Silver Trust $PSLV

Apella Capital LLC lifted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 10.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 381,871 shares of the exchange traded fund’s stock after acquiring an additional 35,613 shares during the period. Apella Capital LLC’s holdings in Sprott Physical Silver Trust were worth $5,995,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. CWM LLC boosted its stake in Sprott Physical Silver Trust by 152.5% in the 3rd quarter. CWM LLC now owns 4,075 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 2,461 shares in the last quarter. Pure Portfolios Holdings LLC raised its holdings in shares of Sprott Physical Silver Trust by 9.7% in the third quarter. Pure Portfolios Holdings LLC now owns 15,889 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 1,410 shares during the last quarter. World Investment Advisors lifted its stake in shares of Sprott Physical Silver Trust by 38.6% during the third quarter. World Investment Advisors now owns 771,495 shares of the exchange traded fund’s stock worth $12,112,000 after buying an additional 214,997 shares during the period. Brookstone Capital Management lifted its stake in shares of Sprott Physical Silver Trust by 1.0% during the third quarter. Brookstone Capital Management now owns 491,550 shares of the exchange traded fund’s stock worth $7,717,000 after buying an additional 5,099 shares during the period. Finally, Founders Financial Securities LLC grew its holdings in shares of Sprott Physical Silver Trust by 40.9% during the third quarter. Founders Financial Securities LLC now owns 29,287 shares of the exchange traded fund’s stock valued at $460,000 after buying an additional 8,496 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $26.04 on Friday. The business has a fifty day moving average of $18.47 and a 200 day moving average of $15.35. Sprott Physical Silver Trust has a 1 year low of $9.60 and a 1 year high of $26.07.

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. 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.