Sprott Physical Silver Trust $PSLV Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 89.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 441,767 shares of the exchange traded fund’s stock after purchasing an additional 207,976 shares during the quarter. Sprott Physical Silver Trust comprises 0.6% of International Assets Investment Management LLC’s investment portfolio, making the stock its 28th biggest position. International Assets Investment Management LLC’s holdings in Sprott Physical Silver Trust were worth $10,448,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in PSLV. ORG Wealth Partners LLC acquired a new stake in Sprott Physical Silver Trust in the 4th quarter valued at $25,000. Strategic Advocates LLC acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at $29,000. Laurel Wealth Advisors LLC acquired a new stake in Sprott Physical Silver Trust in the 4th quarter valued at $31,000. Franklin Resources Inc. acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at $39,000. Finally, Private Trust Co. NA grew its stake in Sprott Physical Silver Trust by 218.4% in the 4th quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 1,166 shares during the period.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock opened at $25.58 on Friday. The company’s fifty day moving average price is $25.21 and its 200 day moving average price is $23.61. Sprott Physical Silver Trust has a 1 year low of $10.73 and a 1 year high of $38.13.

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.