Evanson Financial LLC acquired a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 45,304 shares of the exchange traded fund’s stock, valued at approximately $855,000.
Other institutional investors also recently bought and sold shares of the company. Mcguire Capital Advisors Inc. bought a new stake in Sprott Physical Silver Trust during the 4th quarter valued at $27,000. Purpose Unlimited Inc. bought a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth $28,000. Laurel Wealth Advisors LLC bought a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth $31,000. Franklin Resources Inc. bought a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $39,000. Finally, Private Trust Co. NA increased its stake in shares of Sprott Physical Silver Trust by 218.4% during the fourth quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 1,166 shares during the period.
Sprott Physical Silver Trust Stock Performance
PSLV stock opened at $20.82 on Friday. The business has a 50-day moving average price of $19.89 and a 200 day moving average price of $23.99. Sprott Physical Silver Trust has a 1-year low of $12.61 and a 1-year high of $38.13.
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.
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Want to see what other hedge funds are holding PSLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report).
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