Asset One Wealth Management LLC Takes Position in Sprott Physical Silver Trust $PSLV

Asset One Wealth Management LLC acquired a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 650,859 shares of the exchange traded fund’s stock, valued at approximately $16,792,000. Sprott Physical Silver Trust comprises 2.3% of Asset One Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. Asset One Wealth Management LLC owned approximately 0.11% of Sprott Physical Silver Trust at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Enclave Advisors LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 4th quarter valued at $4,795,000. Hohimer Wealth Management LLC lifted its holdings in shares of Sprott Physical Silver Trust by 1,219.2% during the 3rd quarter. Hohimer Wealth Management LLC now owns 230,449 shares of the exchange traded fund’s stock valued at $3,618,000 after purchasing an additional 212,980 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Sprott Physical Silver Trust by 25.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 145,990 shares of the exchange traded fund’s stock valued at $2,292,000 after purchasing an additional 30,062 shares during the last quarter. Beaumont Financial Advisors LLC lifted its holdings in shares of Sprott Physical Silver Trust by 24.0% during the 4th quarter. Beaumont Financial Advisors LLC now owns 134,878 shares of the exchange traded fund’s stock valued at $3,190,000 after purchasing an additional 26,125 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its holdings in shares of Sprott Physical Silver Trust by 153.5% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 276,931 shares of the exchange traded fund’s stock valued at $4,556,000 after purchasing an additional 167,697 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $21.47 on Thursday. The business has a fifty day moving average of $24.21 and a 200 day moving average of $25.12. Sprott Physical Silver Trust has a 1 year low of $11.91 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.