Meristem Family Wealth LLC purchased a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,000 shares of the exchange traded fund’s stock, valued at approximately $56,000.

A number of other hedge funds have also made changes to their positions in the stock. Wells Fargo & Company MN lifted its stake in Sprott Physical Silver Trust by 7.4% in the third quarter. Wells Fargo & Company MN now owns 385,449 shares of the exchange traded fund’s stock worth $2,047,000 after acquiring an additional 26,573 shares during the period. Jane Street Group LLC lifted its stake in Sprott Physical Silver Trust by 256.4% in the third quarter. Jane Street Group LLC now owns 342,530 shares of the exchange traded fund’s stock worth $1,819,000 after acquiring an additional 246,429 shares during the period. Texas Yale Capital Corp. lifted its stake in Sprott Physical Silver Trust by 12.4% in the third quarter. Texas Yale Capital Corp. now owns 317,100 shares of the exchange traded fund’s stock worth $1,684,000 after acquiring an additional 35,000 shares during the period. Virtu Financial LLC lifted its position in Sprott Physical Silver Trust by 94.1% during the third quarter. Virtu Financial LLC now owns 311,880 shares of the exchange traded fund’s stock valued at $1,901,000 after buying an additional 151,184 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Sprott Physical Silver Trust by 74.7% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 137,318 shares of the exchange traded fund’s stock valued at $768,000 after acquiring an additional 58,730 shares in the last quarter.

Shares of NYSEARCA:PSLV opened at $5.81 on Wednesday. Sprott Physical Silver Trust has a 1-year low of $4.95 and a 1-year high of $6.41.

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About Sprott Physical Silver Trust

Sprott Physical Silver Trust is a closed-end investment trust company, which engages in the investment and holding of all of the assets of Physical Silver Bullion. It primarily invests in long-term holdings of unencumbered, fully allocated and Physical Silver Bullion. The company was founded on June 30, 2010 and is headquartered in Toronto, Canada..

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Institutional Ownership by Quarter for Sprott Physical Silver Trust (NYSEARCA:PSLV)

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