Salomon & Ludwin LLC Grows Stock Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Salomon & Ludwin LLC boosted its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 125.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,322 shares of the exchange traded fund’s stock after buying an additional 6,292 shares during the period. Salomon & Ludwin LLC’s holdings in Sprott Physical Silver Trust were worth $109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of PSLV. Creative Planning grew its stake in Sprott Physical Silver Trust by 13.3% in the 3rd quarter. Creative Planning now owns 72,796 shares of the exchange traded fund’s stock valued at $761,000 after buying an additional 8,528 shares in the last quarter. Capital Investment Advisors LLC grew its stake in Sprott Physical Silver Trust by 4.8% in the 3rd quarter. Capital Investment Advisors LLC now owns 21,994 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 1,008 shares in the last quarter. Raymond James & Associates grew its stake 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 valued at $24,349,000 after buying an additional 263,194 shares in the last quarter. Whitaker Myers Wealth Managers LTD. grew its stake in Sprott Physical Silver Trust by 57.4% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 144,398 shares of the exchange traded fund’s stock valued at $1,509,000 after buying an additional 52,635 shares in the last quarter. Finally, Veracity Capital LLC grew its stake in Sprott Physical Silver Trust by 12.1% in the 3rd quarter. Veracity Capital LLC now owns 44,109 shares of the exchange traded fund’s stock valued at $461,000 after buying an additional 4,760 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA:PSLV opened at $10.93 on Friday. The firm has a fifty day moving average price of $10.27 and a two-hundred day moving average price of $10.31. Sprott Physical Silver Trust has a one year low of $7.45 and a one year 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.