EP Wealth Advisors LLC Makes New $214,000 Investment in Sprott Physical Silver Trust (NYSEARCA:PSLV)

EP Wealth Advisors LLC bought a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 20,441 shares of the exchange traded fund’s stock, valued at approximately $214,000.

Several other institutional investors have also recently made changes to their positions in the company. Jupiter Asset Management Ltd. boosted its position in shares of Sprott Physical Silver Trust by 7.4% during the second quarter. Jupiter Asset Management Ltd. now owns 5,295,014 shares of the exchange traded fund’s stock valued at $52,579,000 after purchasing an additional 362,573 shares in the last quarter. Raymond James & Associates grew its position in shares of Sprott Physical Silver Trust by 12.7% in the 3rd quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock worth $24,349,000 after buying an additional 263,194 shares during the period. Capital Wealth Alliance LLC increased its stake in shares of Sprott Physical Silver Trust by 4.4% in the 3rd quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock worth $23,865,000 after acquiring an additional 95,988 shares in the last quarter. Jane Street Group LLC purchased a new position in Sprott Physical Silver Trust during the 3rd quarter valued at about $19,598,000. Finally, Hollencrest Capital Management boosted its stake in Sprott Physical Silver Trust by 0.4% during the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock worth $13,921,000 after acquiring an additional 4,868 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 1.4 %

Shares of NYSEARCA PSLV opened at $10.23 on Friday. The company has a 50 day simple moving average of $10.67 and a two-hundred day simple moving average of $10.28. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week high of $11.77.

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.