Fidelis Capital Partners LLC boosted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 50.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,630,350 shares of the exchange traded fund’s stock after buying an additional 547,050 shares during the quarter. Sprott Physical Silver Trust makes up about 1.7% of Fidelis Capital Partners LLC’s investment portfolio, making the stock its 11th largest holding. Fidelis Capital Partners LLC owned approximately 0.34% of Sprott Physical Silver Trust worth $17,216,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PSLV. US Bancorp DE grew its holdings in Sprott Physical Silver Trust by 21.6% during the fourth quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 1,250 shares during the period. WR Wealth Planners LLC boosted its position in shares of Sprott Physical Silver Trust by 12.7% in the fourth quarter. WR Wealth Planners LLC now owns 26,422 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 2,975 shares during the period. Kovack Advisors Inc. boosted its position in shares of Sprott Physical Silver Trust by 10.8% in the fourth quarter. Kovack Advisors Inc. now owns 262,938 shares of the exchange traded fund’s stock worth $2,537,000 after purchasing an additional 25,600 shares during the period. Cutter & CO Brokerage Inc. raised its position in shares of Sprott Physical Silver Trust by 382.5% during the 4th quarter. Cutter & CO Brokerage Inc. now owns 156,075 shares of the exchange traded fund’s stock valued at $1,506,000 after purchasing an additional 123,725 shares during the period. Finally, Sprott Inc. lifted its stake in shares of Sprott Physical Silver Trust by 35.5% during the 4th quarter. Sprott Inc. now owns 1,892,049 shares of the exchange traded fund’s stock valued at $18,258,000 after buying an additional 495,791 shares in the last quarter.
Sprott Physical Silver Trust Stock Down 0.6 %
NYSEARCA PSLV opened at $10.51 on Monday. Sprott Physical Silver Trust has a twelve month low of $7.51 and a twelve month high of $11.77. The business has a 50-day moving average price of $10.40 and a 200-day moving average price of $10.42.
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.
Further Reading
- Five stocks we like better than Sprott Physical Silver Trust
- 3 Healthcare Dividend Stocks to Buy
- Chaos and Cash: Finding Opportunity in Volatility
- What to Know About Investing in Penny Stocks
- Realty Income: An Anchor in Volatile Markets
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Autodesk Designs Value for Investors: Uptrend Set to Continue
Want to see what other hedge funds are holding PSLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report).
Receive News & Ratings for Sprott Physical Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.