Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Bought by Hollencrest Capital Management

Hollencrest Capital Management raised its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,342,584 shares of the exchange traded fund’s stock after purchasing an additional 10,389 shares during the quarter. Hollencrest Capital Management owned about 0.28% of Sprott Physical Silver Trust worth $12,956,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. First Horizon Advisors Inc. acquired a new position in Sprott Physical Silver Trust in the 3rd quarter valued at about $32,000. US Bancorp DE boosted its holdings in Sprott Physical Silver Trust by 21.6% in the 4th quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 1,250 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Sprott Physical Silver Trust in the 4th quarter worth approximately $80,000. Guild Investment Management Inc. acquired a new position in shares of Sprott Physical Silver Trust in the 4th quarter worth approximately $101,000. Finally, James Hambro & Partners LLP acquired a new position in shares of Sprott Physical Silver Trust in the 4th quarter worth approximately $106,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $11.14 on Wednesday. The firm’s 50 day moving average price is $10.55 and its 200-day moving average price is $10.47. Sprott Physical Silver Trust has a one year low of $8.01 and a one year high of $11.77.

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.