Pekin Hardy Strauss Inc. Increases Stock Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Pekin Hardy Strauss Inc. boosted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 756,880 shares of the exchange traded fund’s stock after acquiring an additional 65,670 shares during the quarter. Sprott Physical Silver Trust accounts for 0.9% of Pekin Hardy Strauss Inc.’s portfolio, making the stock its 23rd biggest holding. Pekin Hardy Strauss Inc. owned about 0.16% of Sprott Physical Silver Trust worth $7,304,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of PSLV. First Horizon Advisors Inc. purchased a new position in Sprott Physical Silver Trust during the 3rd quarter valued at $32,000. Eastern Bank purchased a new position in Sprott Physical Silver Trust during the 3rd quarter valued at $45,000. FNY Investment Advisers LLC purchased a new position in Sprott Physical Silver Trust during the 4th quarter valued at $80,000. Hara Capital LLC purchased a new position in Sprott Physical Silver Trust during the 3rd quarter valued at $86,000. Finally, James Hambro & Partners LLP purchased a new position in Sprott Physical Silver Trust during the 4th quarter valued at $106,000.

Sprott Physical Silver Trust Stock Performance

PSLV opened at $11.05 on Friday. The business has a fifty day moving average of $10.32 and a 200 day moving average of $10.36. Sprott Physical Silver Trust has a 52-week low of $7.45 and a 52-week high of $11.77.

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.