International Assets Investment Management LLC Takes Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

International Assets Investment Management LLC acquired a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 95,514 shares of the exchange traded fund’s stock, valued at approximately $948,000.

Other large investors have also recently bought and sold shares of the company. Columbia Advisory Partners LLC increased its stake in shares of Sprott Physical Silver Trust by 29.3% in the first quarter. Columbia Advisory Partners LLC now owns 55,444 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 12,553 shares during the period. Sunbelt Securities Inc. raised its stake in shares of Sprott Physical Silver Trust by 66.0% in the 1st quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after buying an additional 6,600 shares in the last quarter. Clarity Financial LLC acquired a new stake in shares of Sprott Physical Silver Trust in the first quarter valued at $276,000. Wealth Enhancement Advisory Services LLC boosted its stake in Sprott Physical Silver Trust by 12.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 307,826 shares of the exchange traded fund’s stock valued at $2,552,000 after buying an additional 33,870 shares in the last quarter. Finally, Pasadena Private Wealth LLC grew its holdings in Sprott Physical Silver Trust by 3.5% during the first quarter. Pasadena Private Wealth LLC now owns 326,213 shares of the exchange traded fund’s stock worth $2,704,000 after acquiring an additional 11,036 shares during the period.

Sprott Physical Silver Trust Trading Down 1.5 %

Shares of Sprott Physical Silver Trust stock opened at $9.85 on Friday. Sprott Physical Silver Trust has a 52 week low of $7.08 and a 52 week high of $10.88. The company’s 50-day moving average price is $9.96 and its two-hundred day moving average price is $9.38.

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.