21,650 Shares in Sprott Physical Silver Trust $PSLV Purchased by Ignite Planners LLC

Ignite Planners LLC acquired a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 21,650 shares of the exchange traded fund’s stock, valued at approximately $512,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PSLV. ORG Wealth Partners LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth approximately $25,000. Laurel Wealth Advisors LLC purchased a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $31,000. Private Trust Co. NA grew its holdings in Sprott Physical Silver Trust by 218.4% during the fourth quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 1,166 shares during the period. Strategic Advocates LLC bought a new position in Sprott Physical Silver Trust during the third quarter valued at $29,000. Finally, Franklin Resources Inc. purchased a new stake in Sprott Physical Silver Trust in the third quarter worth $39,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $24.24 on Friday. The stock’s fifty day moving average price is $24.65 and its two-hundred day moving average price is $24.32. Sprott Physical Silver Trust has a 1 year low of $11.03 and a 1 year 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.