Jamison Private Wealth Management Inc. Takes $556,000 Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Jamison Private Wealth Management Inc. bought a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 57,590 shares of the exchange traded fund’s stock, valued at approximately $556,000.

Other large investors also recently added to or reduced their stakes in the company. Wealthcare Capital Management LLC lifted its stake in shares of Sprott Physical Silver Trust by 3.7% in the fourth quarter. Wealthcare Capital Management LLC now owns 4,108,300 shares of the exchange traded fund’s stock worth $39,645,000 after buying an additional 148,402 shares during the last quarter. Raymond James & Associates raised its holdings in Sprott Physical Silver Trust by 12.7% in the 3rd quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock worth $24,349,000 after acquiring an additional 263,194 shares during the period. Capital Wealth Alliance LLC lifted its position in Sprott Physical Silver Trust by 4.4% during the 3rd quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock worth $23,865,000 after acquiring an additional 95,988 shares during the last quarter. Jane Street Group LLC bought a new stake in Sprott Physical Silver Trust during the third quarter valued at about $19,598,000. Finally, Hollencrest Capital Management grew its position in shares of Sprott Physical Silver Trust by 0.4% in the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock valued at $13,921,000 after purchasing an additional 4,868 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA:PSLV opened at $10.28 on Friday. The business has a 50 day moving average price of $10.17 and a 200 day moving average price of $10.25. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77.

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.