Sprott Physical Silver Trust $PSLV is Proactive Wealth Strategies LLC’s 4th Largest Position

Proactive Wealth Strategies LLC grew its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 10.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 285,771 shares of the exchange traded fund’s stock after purchasing an additional 26,711 shares during the period. Sprott Physical Silver Trust makes up 2.7% of Proactive Wealth Strategies LLC’s holdings, making the stock its 4th biggest holding. Proactive Wealth Strategies LLC’s holdings in Sprott Physical Silver Trust were worth $6,758,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in PSLV. Jane Street Group LLC increased its position in shares of Sprott Physical Silver Trust by 163.6% during the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after purchasing an additional 3,582,153 shares in the last quarter. Jupiter Asset Management Ltd. increased its position in shares of Sprott Physical Silver Trust by 29.0% during the third quarter. Jupiter Asset Management Ltd. now owns 9,814,158 shares of the exchange traded fund’s stock worth $153,560,000 after purchasing an additional 2,203,767 shares in the last quarter. 3EDGE Asset Management LP acquired a new stake in shares of Sprott Physical Silver Trust during the third quarter worth about $34,374,000. Alps Advisors Inc. increased its position in shares of Sprott Physical Silver Trust by 118.7% during the third quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock worth $47,927,000 after purchasing an additional 1,657,153 shares in the last quarter. Finally, WIT Partners Advisory Pte. Ltd. increased its position in shares of Sprott Physical Silver Trust by 61.8% during the fourth quarter. WIT Partners Advisory Pte. Ltd. now owns 847,792 shares of the exchange traded fund’s stock worth $19,048,000 after purchasing an additional 323,722 shares in the last quarter.

Sprott Physical Silver Trust Trading Up 1.3%

PSLV opened at $28.48 on Thursday. The business’s 50-day simple moving average is $25.04 and its 200-day simple moving average is $23.93. Sprott Physical Silver Trust has a one year low of $10.73 and a one year 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.