Western Wealth Management LLC Purchases Shares of 154,387 Sprott Physical Silver Trust $PSLV

Western Wealth Management LLC purchased a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 154,387 shares of the exchange traded fund’s stock, valued at approximately $3,651,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PSLV. NewEdge Advisors LLC lifted its position in Sprott Physical Silver Trust by 23.2% during the first quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock valued at $788,000 after buying an additional 12,810 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Sprott Physical Silver Trust by 5.2% during the second quarter. Cerity Partners LLC now owns 102,908 shares of the exchange traded fund’s stock worth $1,260,000 after purchasing an additional 5,081 shares in the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of Sprott Physical Silver Trust by 24.0% during the second quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock worth $916,000 after purchasing an additional 14,484 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Sprott Physical Silver Trust by 163.6% during the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after purchasing an additional 3,582,153 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Sprott Physical Silver Trust by 4.7% during the second quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock worth $5,693,000 after purchasing an additional 20,856 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

NYSEARCA PSLV opened at $28.48 on Thursday. The company’s fifty day simple moving average is $25.04 and its 200-day simple moving average is $23.93. Sprott Physical Silver Trust has a 52 week low of $10.73 and a 52 week 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.