World Investment Advisors Increases Holdings in Sprott Physical Silver Trust $PSLV

World Investment Advisors increased its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 15.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 889,940 shares of the exchange traded fund’s stock after buying an additional 118,445 shares during the quarter. World Investment Advisors owned 0.14% of Sprott Physical Silver Trust worth $21,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Enclave Advisors LLC bought a new stake in shares of Sprott Physical Silver Trust in the 4th quarter worth approximately $4,795,000. Commonwealth Equity Services LLC grew its holdings in shares of Sprott Physical Silver Trust by 8.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 513,523 shares of the exchange traded fund’s stock valued at $8,062,000 after purchasing an additional 38,084 shares during the last quarter. D.A. Davidson & CO. purchased a new position in Sprott Physical Silver Trust in the 3rd quarter worth $795,000. Abbington Investment Group purchased a new position in Sprott Physical Silver Trust in the 3rd quarter worth $4,186,000. Finally, Alps Advisors Inc. lifted its stake in Sprott Physical Silver Trust by 118.7% in 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 during the last quarter.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock opened at $24.39 on Wednesday. The firm has a fifty day simple moving average of $27.14 and a two-hundred day simple moving average of $22.08. Sprott Physical Silver Trust has a twelve month low of $9.97 and a twelve month high of $38.13.

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. 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.