Enclave Advisors LLC Takes $4.80 Million Position in Sprott Physical Silver Trust $PSLV

Enclave Advisors LLC bought a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 202,739 shares of the exchange traded fund’s stock, valued at approximately $4,795,000.

A number of other institutional investors have also recently added to or reduced their stakes in PSLV. Jupiter Asset Management Ltd. increased its holdings in Sprott Physical Silver Trust by 29.0% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 9,814,158 shares of the exchange traded fund’s stock valued at $153,560,000 after purchasing an additional 2,203,767 shares in the last quarter. Jane Street Group LLC raised its position in Sprott Physical Silver Trust by 163.6% in the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after purchasing an additional 3,582,153 shares during the period. Alps Advisors Inc. lifted its stake in shares of Sprott Physical Silver Trust by 118.7% during the third quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock worth $47,927,000 after purchasing an additional 1,657,153 shares in the last quarter. Capital Wealth Alliance LLC boosted its position in shares of Sprott Physical Silver Trust by 0.5% in the third quarter. Capital Wealth Alliance LLC now owns 2,462,498 shares of the exchange traded fund’s stock worth $38,662,000 after buying an additional 12,196 shares during the period. Finally, 3EDGE Asset Management LP purchased a new stake in shares of Sprott Physical Silver Trust in the third quarter worth about $34,374,000.

Sprott Physical Silver Trust Trading Up 4.9%

PSLV stock opened at $22.63 on Friday. Sprott Physical Silver Trust has a 1 year low of $9.97 and a 1 year high of $38.13. The stock has a 50-day simple moving average of $27.41 and a 200-day simple moving average of $21.83.

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.