3EDGE Asset Management LP Purchases Shares of 2,185,269 Sprott Physical Silver Trust $PSLV

3EDGE Asset Management LP purchased a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,185,269 shares of the exchange traded fund’s stock, valued at approximately $34,374,000. Sprott Physical Silver Trust makes up about 1.9% of 3EDGE Asset Management LP’s portfolio, making the stock its 15th biggest holding. 3EDGE Asset Management LP owned 0.38% of Sprott Physical Silver Trust at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in PSLV. Simplicity Wealth LLC purchased a new position in Sprott Physical Silver Trust in the 3rd quarter worth $533,000. Avidian Wealth Enterprises LLC grew its stake in shares of Sprott Physical Silver Trust by 26.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 65,782 shares of the exchange traded fund’s stock valued at $1,033,000 after buying an additional 13,908 shares during the last quarter. Global View Capital Management LLC increased its holdings in shares of Sprott Physical Silver Trust by 46.3% in the third quarter. Global View Capital Management LLC now owns 18,187 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 5,753 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of Sprott Physical Silver Trust by 11.2% in the third quarter. Arkadios Wealth Advisors now owns 84,605 shares of the exchange traded fund’s stock worth $1,328,000 after buying an additional 8,509 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Sprott Physical Silver Trust by 3.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 772,866 shares of the exchange traded fund’s stock valued at $12,428,000 after acquiring an additional 23,108 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $31.30 on Friday. The business has a 50-day moving average of $22.72 and a 200 day moving average of $17.32. Sprott Physical Silver Trust has a 1-year low of $9.96 and a 1-year high of $31.54.

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. 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.