World Investment Advisors Buys 113,690 Shares of Sprott Physical Silver Trust $PSLV

World Investment Advisors grew its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 12.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,003,630 shares of the exchange traded fund’s stock after buying an additional 113,690 shares during the quarter. World Investment Advisors’ holdings in Sprott Physical Silver Trust were worth $24,479,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in PSLV. NewEdge Advisors LLC boosted its stake in Sprott Physical Silver Trust by 23.2% in the 1st quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock worth $788,000 after purchasing an additional 12,810 shares during the period. Cerity Partners LLC raised its stake in shares of Sprott Physical Silver Trust by 5.2% in the 2nd quarter. Cerity Partners LLC now owns 102,908 shares of the exchange traded fund’s stock valued at $1,260,000 after purchasing an additional 5,081 shares during the period. Ausdal Financial Partners Inc. raised its stake in shares of Sprott Physical Silver Trust by 24.0% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock valued at $916,000 after purchasing an additional 14,484 shares during the period. Jane Street Group LLC lifted its holdings in shares of Sprott Physical Silver Trust by 163.6% in the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after purchasing an additional 3,582,153 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Sprott Physical Silver Trust by 4.7% in the second quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock valued at $5,693,000 after purchasing an additional 20,856 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA:PSLV opened at $19.45 on Friday. The stock has a 50-day simple moving average of $22.86 and a 200 day simple moving average of $25.05. Sprott Physical Silver Trust has a 52-week low of $12.31 and a 52-week 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.