Nalls Sherbakoff Group LLC Purchases New Shares in Sprott Physical Silver Trust $PSLV

Nalls Sherbakoff Group LLC purchased a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,705 shares of the exchange traded fund’s stock, valued at approximately $2,382,000. Sprott Physical Silver Trust accounts for about 1.7% of Nalls Sherbakoff Group LLC’s investment portfolio, making the stock its 13th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec raised its holdings in Sprott Physical Silver Trust by 4.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 17,091,404 shares of the exchange traded fund’s stock worth $403,725,000 after purchasing an additional 681,981 shares in the last quarter. Jupiter Asset Management Ltd. boosted its holdings in shares of Sprott Physical Silver Trust by 29.0% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 9,814,158 shares of the exchange traded fund’s stock valued at $153,560,000 after buying an additional 2,203,767 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Sprott Physical Silver Trust by 163.6% during the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after buying an additional 3,582,153 shares in the last quarter. Alps Advisors Inc. grew its position in shares of Sprott Physical Silver Trust by 76.5% in the 4th quarter. Alps Advisors Inc. now owns 5,387,630 shares of the exchange traded fund’s stock worth $127,417,000 after buying an additional 2,334,928 shares during the period. Finally, Morgan Stanley grew its position in shares of Sprott Physical Silver Trust by 8.0% in the 4th quarter. Morgan Stanley now owns 4,760,761 shares of the exchange traded fund’s stock worth $112,592,000 after buying an additional 353,293 shares during the period.

Sprott Physical Silver Trust Stock Performance

Shares of Sprott Physical Silver Trust stock opened at $21.00 on Friday. The company has a 50-day moving average of $24.10 and a 200 day moving average of $25.11. Sprott Physical Silver Trust has a 1 year low of $11.91 and a 1 year high of $38.13.

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.