Simplicity Wealth LLC Raises Stake in Sprott Physical Silver Trust $PSLV

Simplicity Wealth LLC increased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 113.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 104,427 shares of the exchange traded fund’s stock after buying an additional 55,558 shares during the quarter. Simplicity Wealth LLC’s holdings in Sprott Physical Silver Trust were worth $2,547,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. ORG Wealth Partners LLC purchased a new stake in shares of Sprott Physical Silver Trust in the 4th quarter valued at $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Sprott Physical Silver Trust during the fourth quarter worth $27,000. Purpose Unlimited Inc. purchased a new position in shares of Sprott Physical Silver Trust during the fourth quarter worth $28,000. Strategic Advocates LLC purchased a new position in shares of Sprott Physical Silver Trust during the third quarter worth $29,000. Finally, Laurel Wealth Advisors LLC acquired a new position in Sprott Physical Silver Trust during the fourth quarter valued at $31,000.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV traded down $0.07 during mid-day trading on Friday, hitting $19.14. The company’s stock had a trading volume of 4,847,024 shares, compared to its average volume of 15,253,839. Sprott Physical Silver Trust has a 1 year low of $12.32 and a 1 year high of $38.13. The business’s fifty day moving average is $22.39 and its two-hundred day moving average is $24.97.

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.