J.W. Cole Advisors Inc. Grows Position in Sprott Physical Silver Trust $PSLV

J.W. Cole Advisors Inc. increased its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 102.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 276,698 shares of the exchange traded fund’s stock after buying an additional 139,747 shares during the period. J.W. Cole Advisors Inc.’s holdings in Sprott Physical Silver Trust were worth $6,260,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PSLV. ORG Wealth Partners LLC acquired a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $25,000. Laurel Wealth Advisors LLC acquired a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $31,000. Private Trust Co. NA boosted its holdings in Sprott Physical Silver Trust by 218.4% in the fourth quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 1,166 shares in the last quarter. Strategic Advocates LLC acquired a new position in Sprott Physical Silver Trust in the third quarter valued at approximately $29,000. Finally, Franklin Resources Inc. acquired a new position in Sprott Physical Silver Trust in the third quarter valued at approximately $39,000.

Sprott Physical Silver Trust Stock Down 8.1%

Shares of PSLV opened at $21.53 on Friday. The stock has a 50 day moving average price of $24.52 and a 200 day moving average price of $24.82. Sprott Physical Silver Trust has a 52-week low of $11.91 and a 52-week 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.