K.J. Harrison & Partners Inc lifted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 64.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 713,622 shares of the exchange traded fund’s stock after acquiring an additional 279,665 shares during the period. Sprott Physical Silver Trust accounts for 2.3% of K.J. Harrison & Partners Inc’s portfolio, making the stock its 8th biggest holding. K.J. Harrison & Partners Inc owned about 0.12% of Sprott Physical Silver Trust worth $16,927,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the company. Total Investment Management Inc. grew its position in Sprott Physical Silver Trust by 3.9% in the 4th quarter. Total Investment Management Inc. now owns 34,225 shares of the exchange traded fund’s stock worth $809,000 after purchasing an additional 1,300 shares during the last quarter. Fulcrum Wealth Advisors LLC bought a new position in Sprott Physical Silver Trust in the 4th quarter worth approximately $1,292,000. Wolverine Asset Management LLC acquired a new stake in Sprott Physical Silver Trust during the fourth quarter valued at approximately $998,000. RIA Advisory Group LLC boosted its holdings in Sprott Physical Silver Trust by 2.2% during the fourth quarter. RIA Advisory Group LLC now owns 120,028 shares of the exchange traded fund’s stock worth $2,839,000 after buying an additional 2,530 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its position in Sprott Physical Silver Trust by 5.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 61,482 shares of the exchange traded fund’s stock worth $1,454,000 after buying an additional 3,317 shares during the last quarter.
Sprott Physical Silver Trust Stock Up 6.2%
NYSEARCA PSLV opened at $25.05 on Thursday. Sprott Physical Silver Trust has a 1 year low of $10.73 and a 1 year high of $38.13. The business’s fifty day moving average is $25.27 and its two-hundred day moving average is $23.55.
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.
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