Fidelis Capital Partners LLC Increases Stake in Sprott Physical Silver Trust $PSLV

Fidelis Capital Partners LLC boosted its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,649,160 shares of the exchange traded fund’s stock after purchasing an additional 31,000 shares during the quarter. Sprott Physical Silver Trust makes up about 2.8% of Fidelis Capital Partners LLC’s investment portfolio, making the stock its 6th largest holding. Fidelis Capital Partners LLC owned about 0.27% of Sprott Physical Silver Trust worth $39,003,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in PSLV. ORG Wealth Partners LLC acquired a new stake in Sprott Physical Silver Trust during the fourth quarter worth about $25,000. Strategic Advocates LLC acquired a new position in Sprott Physical Silver Trust in the third quarter valued at approximately $29,000. Laurel Wealth Advisors LLC bought a new position in shares of Sprott Physical Silver Trust during the fourth quarter valued at approximately $31,000. Franklin Resources Inc. acquired a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth approximately $39,000. Finally, Private Trust Co. NA lifted its holdings in shares of Sprott Physical Silver Trust by 218.4% in 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 last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA:PSLV opened at $23.87 on Thursday. The business has a 50 day simple moving average of $24.51 and a 200 day simple moving average of $24.55. Sprott Physical Silver Trust has a 12-month low of $11.03 and a 12-month 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.