AlphaCore Capital LLC Has $3.37 Million Stock Holdings in Sprott Physical Silver Trust $PSLV

AlphaCore Capital LLC increased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 101.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 142,275 shares of the exchange traded fund’s stock after purchasing an additional 71,700 shares during the period. AlphaCore Capital LLC’s holdings in Sprott Physical Silver Trust were worth $3,365,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in PSLV. Western Wealth Management LLC acquired a new stake in shares of Sprott Physical Silver Trust during the fourth quarter worth approximately $3,651,000. Proactive Wealth Strategies LLC increased its holdings in shares of Sprott Physical Silver Trust by 10.3% during the fourth quarter. Proactive Wealth Strategies LLC now owns 285,771 shares of the exchange traded fund’s stock worth $6,758,000 after buying an additional 26,711 shares in the last quarter. World Investment Advisors increased its holdings in shares of Sprott Physical Silver Trust by 15.4% during the fourth quarter. World Investment Advisors now owns 889,940 shares of the exchange traded fund’s stock worth $21,047,000 after buying an additional 118,445 shares in the last quarter. Beam Wealth Advisors Inc. increased its holdings in shares of Sprott Physical Silver Trust by 5.9% during the fourth quarter. Beam Wealth Advisors Inc. now owns 97,897 shares of the exchange traded fund’s stock worth $2,315,000 after buying an additional 5,468 shares in the last quarter. Finally, Oxbow Advisors LLC increased its holdings in shares of Sprott Physical Silver Trust by 4.0% during the fourth quarter. Oxbow Advisors LLC now owns 36,613 shares of the exchange traded fund’s stock worth $866,000 after buying an additional 1,409 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 8.8%

NYSEARCA PSLV opened at $24.60 on Friday. The company has a 50 day moving average of $24.98 and a 200-day moving average of $24.01. Sprott Physical Silver Trust has a 1-year low of $10.73 and a 1-year high of $38.13.

About Sprott Physical Silver Trust

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.