Philadelphia Trust Co. Acquires 4,100 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Philadelphia Trust Co. raised its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 127,777 shares of the exchange traded fund’s stock after acquiring an additional 4,100 shares during the quarter. Philadelphia Trust Co.’s holdings in Sprott Physical Silver Trust were worth $1,482,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Center for Financial Planning Inc. bought a new position in Sprott Physical Silver Trust in the first quarter valued at approximately $39,000. Barnes Dennig Private Wealth Management LLC bought a new position in Sprott Physical Silver Trust in the first quarter valued at approximately $41,000. First Horizon Advisors Inc. bought a new position in Sprott Physical Silver Trust in the first quarter valued at approximately $42,000. Miracle Mile Advisors LLC bought a new position in Sprott Physical Silver Trust in the first quarter valued at approximately $116,000. Finally, Rehmann Capital Advisory Group bought a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $100,000.

Sprott Physical Silver Trust Trading Up 0.1%

PSLV opened at $12.90 on Friday. The firm’s fifty day moving average is $12.62 and its two-hundred day moving average is $11.58. Sprott Physical Silver Trust has a twelve month low of $9.42 and a twelve month high of $13.41.

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.