Equinox Partners Investment Management LLC Buys Shares of 538,000 Sprott Physical Silver Trust (NYSEARCA:PSLV)

Equinox Partners Investment Management LLC bought a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, HoldingsChannel reports. The firm bought 538,000 shares of the exchange traded fund’s stock, valued at approximately $5,192,000. Sprott Physical Silver Trust accounts for about 3.5% of Equinox Partners Investment Management LLC’s portfolio, making the stock its 7th biggest position.

Several other institutional investors have also added to or reduced their stakes in PSLV. Creative Planning lifted its holdings in shares of Sprott Physical Silver Trust by 13.3% during the 3rd quarter. Creative Planning now owns 72,796 shares of the exchange traded fund’s stock valued at $761,000 after buying an additional 8,528 shares during the period. Private Advisor Group LLC raised its holdings in Sprott Physical Silver Trust by 0.9% in the 3rd quarter. Private Advisor Group LLC now owns 301,194 shares of the exchange traded fund’s stock worth $3,147,000 after purchasing an additional 2,707 shares during the period. International Assets Investment Management LLC raised its holdings in Sprott Physical Silver Trust by 483.5% in the 3rd quarter. International Assets Investment Management LLC now owns 557,299 shares of the exchange traded fund’s stock worth $53,330,000 after purchasing an additional 461,785 shares during the period. Pettinga Financial Advisors LLC raised its holdings in Sprott Physical Silver Trust by 24.4% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 196,355 shares of the exchange traded fund’s stock worth $2,052,000 after purchasing an additional 38,490 shares during the period. Finally, ADE LLC raised its holdings in Sprott Physical Silver Trust by 8.3% in the 3rd quarter. ADE LLC now owns 33,357 shares of the exchange traded fund’s stock worth $349,000 after purchasing an additional 2,545 shares during the period.

Sprott Physical Silver Trust Stock Down 0.7 %

Shares of Sprott Physical Silver Trust stock opened at $10.97 on Tuesday. Sprott Physical Silver Trust has a one year low of $7.45 and a one year high of $11.77. The stock’s fifty day moving average is $10.34 and its 200 day moving average is $10.38.

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.