Bleakley Financial Group LLC Buys 196,149 Shares of Sprott Physical Silver Trust $PSLV

Bleakley Financial Group LLC boosted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 67.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 488,606 shares of the exchange traded fund’s stock after purchasing an additional 196,149 shares during the period. Bleakley Financial Group LLC owned about 0.08% of Sprott Physical Silver Trust worth $11,917,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. NewEdge Advisors LLC grew its holdings in shares of Sprott Physical Silver Trust by 23.2% in the first quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock worth $788,000 after purchasing an additional 12,810 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Sprott Physical Silver Trust by 5.2% in the second quarter. Cerity Partners LLC now owns 102,908 shares of the exchange traded fund’s stock worth $1,260,000 after buying an additional 5,081 shares during the period. Ausdal Financial Partners Inc. raised its holdings in Sprott Physical Silver Trust by 24.0% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock valued at $916,000 after buying an additional 14,484 shares during the last quarter. Jane Street Group LLC raised its holdings in Sprott Physical Silver Trust by 163.6% during the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after buying an additional 3,582,153 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in Sprott Physical Silver Trust by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock valued at $5,693,000 after buying an additional 20,856 shares during the period.

Sprott Physical Silver Trust Price Performance

Shares of PSLV opened at $18.54 on Tuesday. Sprott Physical Silver Trust has a twelve month low of $12.32 and a twelve month high of $38.13. The firm has a fifty day simple moving average of $22.28 and a two-hundred day simple moving average of $24.95.

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.