Guild Investment Management Inc. Makes New $581,000 Investment in Sprott Physical Silver Trust $PSLV

Guild Investment Management Inc. purchased a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,020 shares of the exchange traded fund’s stock, valued at approximately $581,000.

Other institutional investors have also recently added to or reduced their stakes in the company. IMC Chicago LLC grew its stake in shares of Sprott Physical Silver Trust by 5,217.0% during the first quarter. IMC Chicago LLC now owns 12,853,471 shares of the exchange traded fund’s stock valued at $313,496,000 after acquiring an additional 12,611,729 shares in the last quarter. Weiss Asset Management LP purchased a new stake in shares of Sprott Physical Silver Trust during the first quarter worth about $199,763,000. Alps Advisors Inc. increased its position in shares of Sprott Physical Silver Trust by 10.8% during the third quarter. Alps Advisors Inc. now owns 6,400,186 shares of the exchange traded fund’s stock worth $123,972,000 after acquiring an additional 622,980 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Sprott Physical Silver Trust by 5.2% in the first quarter. Kestra Advisory Services LLC now owns 1,665,146 shares of the exchange traded fund’s stock worth $40,613,000 after acquiring an additional 81,917 shares in the last quarter. Finally, WIT Partners Advisory Pte. Ltd. lifted its stake in shares of Sprott Physical Silver Trust by 24.9% in the second quarter. WIT Partners Advisory Pte. Ltd. now owns 1,258,030 shares of the exchange traded fund’s stock worth $23,739,000 after acquiring an additional 250,473 shares in the last quarter.

Sprott Physical Silver Trust Trading Down 0.2%

NYSEARCA:PSLV opened at $16.84 on Friday. Sprott Physical Silver Trust has a one year low of $15.78 and a one year high of $38.13. The business’s 50-day simple moving average is $19.51 and its 200 day simple moving average is $22.69.

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. 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.