Levin Capital Strategies L.P. Takes $518,000 Position in Sprott Physical Silver Trust $PSLV

Levin Capital Strategies L.P. purchased a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 21,920 shares of the exchange traded fund’s stock, valued at approximately $518,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Enclave Advisors LLC acquired a new position in shares of Sprott Physical Silver Trust during the 4th quarter valued at about $4,795,000. Commonwealth Equity Services LLC boosted its position in shares of Sprott Physical Silver Trust by 8.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 513,523 shares of the exchange traded fund’s stock valued at $8,062,000 after acquiring an additional 38,084 shares during the last quarter. D.A. Davidson & CO. acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter valued at about $795,000. Hohimer Wealth Management LLC boosted its position 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 acquiring an additional 212,980 shares during the last quarter. Finally, Beaumont Financial Advisors LLC boosted its position 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 acquiring an additional 26,125 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $23.17 on Thursday. Sprott Physical Silver Trust has a 12-month low of $10.72 and a 12-month high of $38.13. The company’s 50-day moving average price is $25.49 and its 200 day moving average price is $23.37.

Sprott Physical Silver Trust 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.