Hurley Capital LLC Takes $4.56 Million Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Hurley Capital LLC bought a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 461,757 shares of the exchange traded fund’s stock, valued at approximately $4,562,000. Sprott Physical Silver Trust accounts for about 3.7% of Hurley Capital LLC’s portfolio, making the stock its 5th biggest holding. Hurley Capital LLC owned about 0.10% of Sprott Physical Silver Trust at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of PSLV. Wealthcare Capital Management LLC lifted its position in shares of Sprott Physical Silver Trust by 3.7% in the 4th quarter. Wealthcare Capital Management LLC now owns 4,108,300 shares of the exchange traded fund’s stock worth $39,645,000 after acquiring an additional 148,402 shares during the period. Raymond James Financial Inc. bought a new position in Sprott Physical Silver Trust in the fourth quarter worth $25,348,000. Capital Wealth Alliance LLC lifted its position in Sprott Physical Silver Trust by 6.5% in the fourth quarter. Capital Wealth Alliance LLC now owns 2,432,372 shares of the exchange traded fund’s stock worth $23,473,000 after purchasing an additional 149,161 shares during the period. LPL Financial LLC boosted its stake in Sprott Physical Silver Trust by 34.1% during the fourth quarter. LPL Financial LLC now owns 2,163,984 shares of the exchange traded fund’s stock worth $20,882,000 after buying an additional 549,862 shares in the last quarter. Finally, Sprott Inc. increased its holdings in Sprott Physical Silver Trust by 35.5% in 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 during the period.

Sprott Physical Silver Trust Stock Down 6.5 %

NYSEARCA:PSLV opened at $10.18 on Friday. The company has a 50-day moving average of $11.02 and a 200-day moving average of $10.65. Sprott Physical Silver Trust has a 52 week low of $8.81 and a 52 week high of $11.77.

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.