Sprott Physical Silver Trust (NYSEARCA:PSLV) Stock Position Boosted by Capital Wealth Alliance LLC

Capital Wealth Alliance LLC grew its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,432,372 shares of the exchange traded fund’s stock after acquiring an additional 149,161 shares during the period. Sprott Physical Silver Trust comprises 13.3% of Capital Wealth Alliance LLC’s portfolio, making the stock its largest holding. Capital Wealth Alliance LLC owned 0.50% of Sprott Physical Silver Trust worth $23,473,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. purchased a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at about $32,000. Eastern Bank purchased a new position in Sprott Physical Silver Trust during the third quarter worth approximately $45,000. ORG Wealth Partners LLC acquired a new position in Sprott Physical Silver Trust in the third quarter valued at $70,000. FNY Investment Advisers LLC acquired a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $80,000. Finally, Hara Capital LLC acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $86,000.

Sprott Physical Silver Trust Stock Up 0.9 %

Shares of Sprott Physical Silver Trust stock opened at $10.89 on Tuesday. The company has a fifty day moving average price of $10.23 and a 200 day moving average price of $10.28. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77.

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.