80,772 Shares in Sprott Physical Silver Trust $PSLV Bought by Everest Financial Group LLC

Everest Financial Group LLC acquired a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 80,772 shares of the exchange traded fund’s stock, valued at approximately $1,565,000.

A number of other large investors have also added to or reduced their stakes in PSLV. Jacobi Capital Management LLC purchased a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $31,000. Keybank National Association OH bought a new position in shares of Sprott Physical Silver Trust during the third quarter valued at $1,423,000. Beam Wealth Advisors Inc. raised its position in shares of Sprott Physical Silver Trust by 1.3% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 100,014 shares of the exchange traded fund’s stock worth $1,937,000 after purchasing an additional 1,263 shares during the last quarter. 180 Wealth Advisors LLC raised its position in shares of Sprott Physical Silver Trust by 26.8% in the 3rd quarter. 180 Wealth Advisors LLC now owns 37,470 shares of the exchange traded fund’s stock worth $726,000 after purchasing an additional 7,915 shares during the last quarter. Finally, Guild Investment Management Inc. purchased a new position in shares of Sprott Physical Silver Trust in the 3rd quarter worth about $581,000.

Sprott Physical Silver Trust Trading Down 3.5%

Shares of Sprott Physical Silver Trust stock opened at $16.15 on Friday. The firm’s 50-day moving average is $19.13 and its 200 day moving average is $22.38. Sprott Physical Silver Trust has a 1 year low of $15.78 and a 1 year high of $38.13.

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. 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.