EverSource Wealth Advisors LLC Invests $33,000 in Sprott Physical Silver Trust (NYSEARCA:PSLV)

EverSource Wealth Advisors LLC acquired a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV – Get Rating) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,028 shares of the exchange traded fund’s stock, valued at approximately $33,000.

Other hedge funds have also recently made changes to their positions in the company. Jupiter Asset Management Ltd. increased its stake in shares of Sprott Physical Silver Trust by 15.0% in the third quarter. Jupiter Asset Management Ltd. now owns 9,289,268 shares of the exchange traded fund’s stock worth $61,495,000 after buying an additional 1,209,166 shares during the period. Royal Bank of Canada increased its stake in shares of Sprott Physical Silver Trust by 31.4% in the third quarter. Royal Bank of Canada now owns 3,023,356 shares of the exchange traded fund’s stock worth $20,015,000 after buying an additional 721,997 shares during the period. Capital Wealth Alliance LLC increased its stake in shares of Sprott Physical Silver Trust by 5.9% in the third quarter. Capital Wealth Alliance LLC now owns 1,851,177 shares of the exchange traded fund’s stock worth $12,253,000 after buying an additional 103,859 shares during the period. Jane Street Group LLC increased its stake in shares of Sprott Physical Silver Trust by 22.7% in the third quarter. Jane Street Group LLC now owns 1,829,083 shares of the exchange traded fund’s stock worth $12,109,000 after buying an additional 337,838 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Sprott Physical Silver Trust by 7.6% in the second quarter. Wells Fargo & Company MN now owns 1,555,993 shares of the exchange traded fund’s stock worth $10,736,000 after buying an additional 109,795 shares during the period.

Sprott Physical Silver Trust Stock Up 1.2 %

Shares of NYSEARCA PSLV opened at $8.17 on Friday. The firm’s fifty day moving average is $8.34 and its 200 day moving average is $7.89. Sprott Physical Silver Trust has a 52 week low of $6.16 and a 52 week high of $8.99.

Sprott Physical Silver Trust Profile

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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.