Hollencrest Capital Management Has $21.92 Million Stock Holdings in Sprott Physical Silver Trust $PSLV

Hollencrest Capital Management boosted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,395,847 shares of the exchange traded fund’s stock after purchasing an additional 41,008 shares during the period. Hollencrest Capital Management’s holdings in Sprott Physical Silver Trust were worth $21,915,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC raised its stake in shares of Sprott Physical Silver Trust by 163.6% in the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after acquiring an additional 3,582,153 shares during the last quarter. 3EDGE Asset Management LP bought a new position in Sprott Physical Silver Trust in the 3rd quarter valued at $34,374,000. Jupiter Asset Management Ltd. boosted its stake in Sprott Physical Silver Trust by 15.2% in the second quarter. Jupiter Asset Management Ltd. now owns 7,610,391 shares of the exchange traded fund’s stock worth $93,214,000 after purchasing an additional 1,002,527 shares in the last quarter. TT Capital Management LLC grew its holdings in shares of Sprott Physical Silver Trust by 4,785.4% during the second quarter. TT Capital Management LLC now owns 687,475 shares of the exchange traded fund’s stock worth $8,415,000 after purchasing an additional 673,403 shares during the last quarter. Finally, TIAA Trust National Association increased its stake in shares of Sprott Physical Silver Trust by 297.5% in the second quarter. TIAA Trust National Association now owns 810,456 shares of the exchange traded fund’s stock valued at $9,920,000 after buying an additional 606,556 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 6.1%

Sprott Physical Silver Trust stock opened at $36.36 on Thursday. The stock has a 50-day simple moving average of $24.15 and a 200 day simple moving average of $17.97. Sprott Physical Silver Trust has a 12-month low of $9.97 and a 12-month high of $38.13.

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.