Guild Investment Management Inc. Makes New $101,000 Investment in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Guild Investment Management Inc. bought a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,500 shares of the exchange traded fund’s stock, valued at approximately $101,000.

Several other institutional investors have also modified their holdings of PSLV. Pettinga Financial Advisors LLC lifted its holdings in shares of Sprott Physical Silver Trust by 24.4% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 196,355 shares of the exchange traded fund’s stock valued at $2,052,000 after purchasing an additional 38,490 shares in the last quarter. Sigma Planning Corp lifted its holdings in shares of Sprott Physical Silver Trust by 1.3% during the 3rd quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock valued at $1,018,000 after purchasing an additional 1,234 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Sprott Physical Silver Trust by 15.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 25,020 shares of the exchange traded fund’s stock valued at $261,000 after purchasing an additional 3,300 shares in the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of Sprott Physical Silver Trust by 54.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 80,019 shares of the exchange traded fund’s stock valued at $836,000 after purchasing an additional 28,252 shares in the last quarter. Finally, Kovack Advisors Inc. lifted its holdings in shares of Sprott Physical Silver Trust by 9.8% during the 3rd quarter. Kovack Advisors Inc. now owns 237,338 shares of the exchange traded fund’s stock valued at $2,480,000 after purchasing an additional 21,233 shares in the last quarter.

Sprott Physical Silver Trust Trading Up 2.6 %

NYSEARCA:PSLV opened at $11.14 on Wednesday. The business’s 50-day simple moving average is $10.55 and its 200-day simple moving average is $10.47. Sprott Physical Silver Trust has a fifty-two week low of $8.01 and a fifty-two week high of $11.77.

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.