Littlejohn Financial Services Inc. Invests $144,000 in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Littlejohn Financial Services Inc. purchased a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the fourth quarter, Holdings Channel reports. The firm purchased 14,965 shares of the exchange traded fund’s stock, valued at approximately $144,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. purchased a new position in shares of Sprott Physical Silver Trust in the third quarter valued at about $32,000. Eastern Bank purchased a new position in Sprott Physical Silver Trust during the 3rd quarter valued at about $45,000. FNY Investment Advisers LLC purchased a new position in Sprott Physical Silver Trust during the 4th quarter valued at about $80,000. Hara Capital LLC bought a new position in Sprott Physical Silver Trust during the 3rd quarter valued at approximately $86,000. Finally, James Hambro & Partners LLP purchased a new stake in Sprott Physical Silver Trust in the 4th quarter worth approximately $106,000.

Sprott Physical Silver Trust Trading Up 0.5 %

Shares of PSLV stock opened at $10.98 on Friday. Sprott Physical Silver Trust has a fifty-two week low of $7.41 and a fifty-two week high of $11.77. The business’s 50 day moving average price is $10.26 and its 200-day moving average price is $10.30.

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.