Smith Moore & CO. Boosts Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Smith Moore & CO. increased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 105,613 shares of the exchange traded fund’s stock after acquiring an additional 1,832 shares during the period. Smith Moore & CO.’s holdings in Sprott Physical Silver Trust were worth $1,019,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of PSLV. Raymond James Financial Inc. acquired a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth $25,348,000. Jane Street Group LLC purchased a new position in Sprott Physical Silver Trust in the third quarter valued at about $19,598,000. IMC Chicago LLC increased its holdings in Sprott Physical Silver Trust by 51.2% in the fourth quarter. IMC Chicago LLC now owns 1,681,529 shares of the exchange traded fund’s stock valued at $16,227,000 after buying an additional 569,382 shares in the last quarter. LPL Financial LLC lifted its position in shares of Sprott Physical Silver Trust by 34.1% during the 4th quarter. LPL Financial LLC now owns 2,163,984 shares of the exchange traded fund’s stock valued at $20,882,000 after acquiring an additional 549,862 shares during the period. Finally, Fidelis Capital Partners LLC boosted its stake in shares of Sprott Physical Silver Trust by 50.5% during the 4th quarter. Fidelis Capital Partners LLC now owns 1,630,350 shares of the exchange traded fund’s stock worth $17,216,000 after acquiring an additional 547,050 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 6.5 %

NYSEARCA PSLV opened at $10.18 on Friday. The business has a 50 day moving average price of $11.02 and a 200 day moving average price of $10.65. Sprott Physical Silver Trust has a 1-year low of $8.81 and a 1-year high of $11.77.

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.