Bank Pictet & Cie Europe AG Invests $133,000 in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Bank Pictet & Cie Europe AG bought a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the first quarter, according to its most recent 13F filing with the SEC. The fund bought 11,449 shares of the exchange traded fund’s stock, valued at approximately $133,000.

A number of other large investors have also recently made changes to their positions in PSLV. Tcfg Wealth Management LLC grew its holdings in Sprott Physical Silver Trust by 6.9% during the 1st quarter. Tcfg Wealth Management LLC now owns 165,625 shares of the exchange traded fund’s stock valued at $1,921,000 after purchasing an additional 10,750 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Sprott Physical Silver Trust by 43.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 741,277 shares of the exchange traded fund’s stock valued at $8,599,000 after purchasing an additional 224,091 shares during the last quarter. Focus Financial Network Inc. grew its holdings in Sprott Physical Silver Trust by 20.1% during the 1st quarter. Focus Financial Network Inc. now owns 15,358 shares of the exchange traded fund’s stock valued at $178,000 after purchasing an additional 2,565 shares during the last quarter. Columbia Advisory Partners LLC grew its holdings in Sprott Physical Silver Trust by 27.0% during the 1st quarter. Columbia Advisory Partners LLC now owns 141,398 shares of the exchange traded fund’s stock valued at $1,640,000 after purchasing an additional 30,100 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC grew its holdings in Sprott Physical Silver Trust by 2.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 278,530 shares of the exchange traded fund’s stock valued at $3,231,000 after purchasing an additional 7,876 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 0.2%

Shares of NYSEARCA:PSLV opened at $12.22 on Tuesday. Sprott Physical Silver Trust has a 12 month low of $9.12 and a 12 month high of $12.37. The firm’s 50-day moving average is $11.20 and its 200 day moving average is $10.81.

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.