Enclave Advisors LLC Takes Position in Sprott Physical Silver Trust $PSLV

Enclave Advisors LLC bought a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the 4th quarter, Holdings Channel reports. The fund bought 202,739 shares of the exchange traded fund’s stock, valued at approximately $4,795,000.

Other large investors have also added to or reduced their stakes in the company. Capital Investment Advisors LLC increased its stake in Sprott Physical Silver Trust by 3.3% during the 4th quarter. Capital Investment Advisors LLC now owns 31,245 shares of the exchange traded fund’s stock worth $739,000 after buying an additional 990 shares during the period. CoreCap Advisors LLC boosted its position in Sprott Physical Silver Trust by 5.5% in the 4th quarter. CoreCap Advisors LLC now owns 16,714 shares of the exchange traded fund’s stock valued at $395,000 after buying an additional 871 shares during the last quarter. Parsons Capital Management Inc. RI boosted its position in Sprott Physical Silver Trust by 0.3% in the 4th quarter. Parsons Capital Management Inc. RI now owns 320,618 shares of the exchange traded fund’s stock valued at $7,583,000 after buying an additional 810 shares during the last quarter. World Equity Group Inc. acquired a new stake in shares of Sprott Physical Silver Trust during the fourth quarter valued at about $519,000. Finally, Focus Financial Network Inc. grew its stake in shares of Sprott Physical Silver Trust by 40.9% during the fourth quarter. Focus Financial Network Inc. now owns 19,372 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 5,619 shares in the last quarter.

Sprott Physical Silver Trust Trading Up 4.9%

NYSEARCA:PSLV opened at $22.63 on Friday. Sprott Physical Silver Trust has a one year low of $9.97 and a one year high of $38.13. The business’s 50-day simple moving average is $27.41 and its 200 day simple moving average is $21.83.

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.