Sprott Physical Silver Trust $PSLV Stake Increased by WIT Partners Advisory Pte. Ltd.

WIT Partners Advisory Pte. Ltd. grew its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 61.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 847,792 shares of the exchange traded fund’s stock after buying an additional 323,722 shares during the quarter. Sprott Physical Silver Trust accounts for 6.6% of WIT Partners Advisory Pte. Ltd.’s investment portfolio, making the stock its 2nd biggest position. WIT Partners Advisory Pte. Ltd.’s holdings in Sprott Physical Silver Trust were worth $19,048,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in PSLV. Salomon & Ludwin LLC raised its position in Sprott Physical Silver Trust by 40.1% in the 4th quarter. Salomon & Ludwin LLC now owns 15,863 shares of the exchange traded fund’s stock worth $402,000 after purchasing an additional 4,541 shares during the period. TD Waterhouse Canada Inc. raised its position in Sprott Physical Silver Trust by 57.1% in the 4th quarter. TD Waterhouse Canada Inc. now owns 311,286 shares of the exchange traded fund’s stock worth $7,351,000 after purchasing an additional 113,087 shares during the period. Krilogy Financial LLC purchased a new position in Sprott Physical Silver Trust in the 4th quarter worth $260,000. Latitude Advisors LLC raised its position in Sprott Physical Silver Trust by 1.5% in the 4th quarter. Latitude Advisors LLC now owns 34,469 shares of the exchange traded fund’s stock worth $815,000 after purchasing an additional 500 shares during the period. Finally, Heritage Wealth Management Inc. raised its position in Sprott Physical Silver Trust by 6.7% in the 4th quarter. Heritage Wealth Management Inc. now owns 43,320 shares of the exchange traded fund’s stock worth $1,025,000 after purchasing an additional 2,710 shares during the period.

Sprott Physical Silver Trust Trading Down 5.3%

Shares of NYSEARCA:PSLV opened at $24.32 on Wednesday. The company’s fifty day moving average is $25.62 and its 200 day moving average is $23.09. Sprott Physical Silver Trust has a 52 week low of $10.72 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.