Outlook Wealth Advisors LLC Invests $658,000 in Sprott Physical Silver Trust $PSLV

Outlook Wealth Advisors LLC bought a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 27,826 shares of the exchange traded fund’s stock, valued at approximately $658,000.

A number of other large investors have also recently made changes to their positions in PSLV. ORG Wealth Partners LLC bought a new stake in shares of Sprott Physical Silver Trust in the 4th quarter worth about $25,000. Strategic Advocates LLC purchased a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $29,000. Laurel Wealth Advisors LLC purchased a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth about $31,000. Franklin Resources Inc. purchased a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $39,000. Finally, Private Trust Co. NA boosted its stake in shares of Sprott Physical Silver Trust by 218.4% during the 4th quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 1,166 shares during the period.

Sprott Physical Silver Trust Stock Down 4.1%

PSLV stock opened at $20.59 on Wednesday. Sprott Physical Silver Trust has a 12 month low of $11.91 and a 12 month high of $38.13. The company has a 50-day moving average price of $24.48 and a 200 day moving average price of $24.94.

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.