Vise Technologies Inc. Makes New $177,000 Investment in Sprott Physical Silver Trust $PSLV

Vise Technologies Inc. acquired a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 14,462 shares of the exchange traded fund’s stock, valued at approximately $177,000.

A number of other institutional investors have also recently made changes to their positions in PSLV. Redwood Park Advisors LLC purchased a new position in Sprott Physical Silver Trust during the 2nd quarter worth $32,000. Atlantic Union Bankshares Corp acquired a new position in Sprott Physical Silver Trust during the 2nd quarter valued at about $32,000. Ameriflex Group Inc. raised its stake in Sprott Physical Silver Trust by 161.5% in the second quarter. Ameriflex Group Inc. now owns 3,400 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 2,100 shares during the last quarter. Trust Co. of Vermont acquired a new stake in Sprott Physical Silver Trust in the second quarter worth about $56,000. Finally, Blue Trust Inc. acquired a new stake in Sprott Physical Silver Trust in the second quarter worth about $74,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $16.78 on Wednesday. Sprott Physical Silver Trust has a fifty-two week low of $9.60 and a fifty-two week high of $18.15. The stock’s 50-day simple moving average is $15.92 and its 200-day simple moving average is $13.62.

Sprott Physical Silver Trust Company 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.