Sprott Physical Silver Trust $PSLV Stock Position Boosted by WIT Partners Advisory Pte. Ltd.

WIT Partners Advisory Pte. Ltd. increased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 18.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,007,557 shares of the exchange traded fund’s stock after acquiring an additional 159,765 shares during the quarter. Sprott Physical Silver Trust makes up about 7.2% of WIT Partners Advisory Pte. Ltd.’s holdings, making the stock its 3rd biggest position. WIT Partners Advisory Pte. Ltd. owned 0.16% of Sprott Physical Silver Trust worth $24,574,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PSLV. TKG Advisors LLC raised its position in Sprott Physical Silver Trust by 3.0% in the 4th quarter. TKG Advisors LLC now owns 12,363 shares of the exchange traded fund’s stock valued at $292,000 after purchasing an additional 356 shares during the last quarter. Sunbelt Securities Inc. grew its position in Sprott Physical Silver Trust by 2.0% during the 4th quarter. Sunbelt Securities Inc. now owns 21,530 shares of the exchange traded fund’s stock worth $509,000 after purchasing an additional 432 shares during the last quarter. Latitude Advisors LLC grew its position in Sprott Physical Silver Trust by 1.5% during the 4th quarter. Latitude Advisors LLC now owns 34,469 shares of the exchange traded fund’s stock worth $815,000 after purchasing an additional 500 shares during the last quarter. Crane Advisory LLC increased its stake in Sprott Physical Silver Trust by 5.2% in the fourth quarter. Crane Advisory LLC now owns 10,969 shares of the exchange traded fund’s stock valued at $259,000 after purchasing an additional 538 shares during the period. Finally, Wedbush Securities Inc. increased its stake in Sprott Physical Silver Trust by 2.3% in the fourth quarter. Wedbush Securities Inc. now owns 24,549 shares of the exchange traded fund’s stock valued at $581,000 after purchasing an additional 550 shares during the period.

Sprott Physical Silver Trust Stock Down 3.5%

Shares of NYSEARCA:PSLV opened at $17.88 on Friday. Sprott Physical Silver Trust has a one year low of $12.32 and a one year high of $38.13. The company has a 50-day simple moving average of $21.90 and a 200-day simple moving average of $24.82.

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.