Sprott Physical Silver Trust (NYSEARCA:PSLV) is seeing strong trading volume

Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Get Free Report ) saw strong trading volume on Friday. 4,350,441 shares traded hands during trading, a 10% increase from the previous session’s volume of 3,969,713 shares. Shares last traded at $10.06 and previously closed at $9.90.

Sprott Physical Silver Trust trading up 2.5%

The stock’s 50-day moving average price is $9.96 and its 200-day moving average price is $9.31.

Hedge funds influence the Sprott Physical Silver Trust

Several institutional investors and hedge funds have recently bought and sold shares of PSLV. Sandy Cove Advisors LLC purchased a new position in shares of Sprott Physical Silver Trust in the second quarter valued at $99,000. NovaPoint Capital LLC purchased a new position in shares of Sprott Physical Silver Trust in the second quarter valued at $102,000. Avantax Advisory Services Inc. purchased a new position in Sprott Physical Silver Trust in the first quarter valued at $89,000. RPS Advisory Solutions LLC purchased a new stake in Sprott Physical Silver Trust during the second quarter valued at about $113,000. Finally, Mather Group LLC. raised its stake in Sprott Physical Silver Trust by 864.6% during the second quarter. Mather Group LLC. now owns 11,826 shares of the exchange traded fund’s stock worth $117,000 after acquiring an additional 10,600 shares in the last quarter.

Sprott Physical Silver Trust Company Profile

(Get a free report)

Sprott Physical Silver Trust is a closed-end investment company committed to providing a safe, convenient, exchange-traded investment alternative for investors interested in owning physical silver bullion without the typical inconvenience of a direct physical investment. silver bars.

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