Kingsview Wealth Management LLC Increases Stake in Sprott Physical Silver Trust $PSLV

Kingsview Wealth Management LLC grew its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 6.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 642,577 shares of the exchange traded fund’s stock after buying an additional 37,257 shares during the period. Kingsview Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $15,197,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of PSLV. ORG Wealth Partners LLC purchased a new position in Sprott Physical Silver Trust during the 4th quarter worth $25,000. Strategic Advocates LLC purchased a new position in Sprott Physical Silver Trust during the 3rd quarter worth $29,000. Laurel Wealth Advisors LLC purchased a new position in Sprott Physical Silver Trust during the 4th quarter worth $31,000. Franklin Resources Inc. purchased a new position in Sprott Physical Silver Trust during the 3rd quarter worth $39,000. Finally, Private Trust Co. NA raised its position in Sprott Physical Silver Trust by 218.4% during the 4th quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 1,166 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of Sprott Physical Silver Trust stock opened at $23.87 on Thursday. Sprott Physical Silver Trust has a one year low of $11.03 and a one year high of $38.13. The firm has a fifty day moving average of $24.51 and a two-hundred day moving average of $24.55.

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.