Harbour Investments Inc. Increases Stock Position in Sprott Physical Silver Trust $PSLV

Harbour Investments Inc. lifted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 19.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 221,096 shares of the exchange traded fund’s stock after acquiring an additional 35,914 shares during the period. Harbour Investments Inc.’s holdings in Sprott Physical Silver Trust were worth $5,229,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of PSLV. NewEdge Advisors LLC grew its position in shares of Sprott Physical Silver Trust by 23.2% during the first quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock worth $788,000 after acquiring an additional 12,810 shares during the last quarter. Cerity Partners LLC grew its position in shares of Sprott Physical Silver Trust by 5.2% during the second quarter. Cerity Partners LLC now owns 102,908 shares of the exchange traded fund’s stock worth $1,260,000 after acquiring an additional 5,081 shares during the last quarter. Ausdal Financial Partners Inc. grew its position in shares of Sprott Physical Silver Trust by 24.0% during the second quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock worth $916,000 after acquiring an additional 14,484 shares during the last quarter. Jane Street Group LLC grew its position in shares of Sprott Physical Silver Trust by 163.6% during the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after acquiring an additional 3,582,153 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Sprott Physical Silver Trust by 4.7% during the second quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock worth $5,693,000 after acquiring an additional 20,856 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $24.74 on Wednesday. The company’s 50 day simple moving average is $24.55 and its 200-day simple moving average is $24.50. Sprott Physical Silver Trust has a 12-month low of $11.03 and a 12-month 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.