Wealthcare Capital Management LLC raised its position in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,108,300 shares of the exchange traded fund’s stock after purchasing an additional 148,402 shares during the quarter. Sprott Physical Silver Trust makes up approximately 4.0% of Wealthcare Capital Management LLC’s holdings, making the stock its 6th biggest position. Wealthcare Capital Management LLC’s holdings in Sprott Physical Silver Trust were worth $39,645,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. First Horizon Advisors Inc. bought a new stake in shares of Sprott Physical Silver Trust in the 3rd quarter valued at approximately $32,000. Eastern Bank bought a new position in Sprott Physical Silver Trust during the third quarter valued at approximately $45,000. ORG Wealth Partners LLC acquired a new stake in Sprott Physical Silver Trust in the third quarter valued at approximately $70,000. FNY Investment Advisers LLC bought a new stake in Sprott Physical Silver Trust in the fourth quarter worth approximately $80,000. Finally, Hara Capital LLC acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $86,000.
Sprott Physical Silver Trust Stock Performance
Sprott Physical Silver Trust stock opened at $10.32 on Friday. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year high of $11.77. The firm’s fifty day simple moving average is $10.18 and its 200-day simple moving average is $10.26.
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.
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