Sprott Physical Silver Trust $PSLV Shares Acquired by Allen Capital Group LLC

Allen Capital Group LLC boosted its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 176.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,950 shares of the exchange traded fund’s stock after purchasing an additional 22,941 shares during the period. Allen Capital Group LLC’s holdings in Sprott Physical Silver Trust were worth $850,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Prospera Financial Services Inc boosted its position in Sprott Physical Silver Trust by 18.1% during the fourth quarter. Prospera Financial Services Inc now owns 1,525,021 shares of the exchange traded fund’s stock worth $36,067,000 after purchasing an additional 233,495 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Sprott Physical Silver Trust by 59.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 121,643 shares of the exchange traded fund’s stock valued at $2,877,000 after buying an additional 45,553 shares in the last quarter. Ignite Planners LLC purchased a new position in shares of Sprott Physical Silver Trust in the fourth quarter valued at $512,000. Mach 1 Financial Group LLC purchased a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at about $236,000. Finally, Creative Financial Designs Inc. ADV acquired a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at approximately $344,000.

Sprott Physical Silver Trust Price Performance

Shares of PSLV opened at $24.24 on Tuesday. The firm has a 50 day simple moving average of $24.58 and a 200-day simple moving average of $24.43. Sprott Physical Silver Trust has a 1-year low of $11.03 and a 1-year high of $38.13.

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.