HUB Investment Partners LLC Purchases New Shares in Sprott Physical Silver Trust $PSLV

HUB Investment Partners LLC acquired a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the third quarter, Holdings Channel.com reports. The firm acquired 35,200 shares of the exchange traded fund’s stock, valued at approximately $553,000.

A number of other institutional investors have also recently added to or reduced their stakes in PSLV. US Bancorp DE boosted its position in Sprott Physical Silver Trust by 3.3% in the 3rd quarter. US Bancorp DE now owns 18,920 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 596 shares during the last quarter. OneAscent Financial Services LLC increased its position in shares of Sprott Physical Silver Trust by 1.0% during the third quarter. OneAscent Financial Services LLC now owns 69,676 shares of the exchange traded fund’s stock worth $1,094,000 after acquiring an additional 656 shares during the last quarter. Carnegie Lake Advisors LLC increased its position in shares of Sprott Physical Silver Trust by 1.2% during the third quarter. Carnegie Lake Advisors LLC now owns 62,750 shares of the exchange traded fund’s stock worth $985,000 after acquiring an additional 750 shares during the last quarter. Sandy Cove Advisors LLC lifted its stake in shares of Sprott Physical Silver Trust by 4.9% in the third quarter. Sandy Cove Advisors LLC now owns 17,000 shares of the exchange traded fund’s stock worth $267,000 after acquiring an additional 800 shares in the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC lifted its stake in shares of Sprott Physical Silver Trust by 1.1% in the second quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 88,774 shares of the exchange traded fund’s stock worth $1,086,000 after acquiring an additional 982 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

Shares of PSLV opened at $27.27 on Monday. Sprott Physical Silver Trust has a one year low of $9.97 and a one year high of $38.13. The stock has a 50-day moving average price of $27.92 and a 200 day moving average price of $20.75.

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.