188,965 Shares in Sprott Physical Silver Trust $PSLV Bought by Everest Financial Group LLC

Everest Financial Group LLC bought a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 188,965 shares of the exchange traded fund’s stock, valued at approximately $4,609,000.

Several other large investors have also recently bought and sold shares of PSLV. Enclave Advisors LLC bought a new position in Sprott Physical Silver Trust in the 4th quarter valued at approximately $4,795,000. JPMorgan Chase & Co. boosted its position in Sprott Physical Silver Trust by 25.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 145,990 shares of the exchange traded fund’s stock worth $2,292,000 after buying an additional 30,062 shares during the period. Ignite Planners LLC bought a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $512,000. Wealthcare Advisory Partners LLC grew its holdings in Sprott Physical Silver Trust by 16.4% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 352,808 shares of the exchange traded fund’s stock worth $8,344,000 after acquiring an additional 49,793 shares during the last quarter. Finally, World Investment Advisors grew its holdings in Sprott Physical Silver Trust by 15.4% during the 4th quarter. World Investment Advisors now owns 889,940 shares of the exchange traded fund’s stock worth $21,047,000 after acquiring an additional 118,445 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA PSLV opened at $18.73 on Friday. The firm has a 50 day moving average price of $20.89 and a two-hundred day moving average price of $24.58. Sprott Physical Silver Trust has a 52-week low of $12.32 and a 52-week 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.