World Investment Advisors Buys 113,690 Shares of Sprott Physical Silver Trust $PSLV

World Investment Advisors grew its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 12.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,003,630 shares of the exchange traded fund’s stock after acquiring an additional 113,690 shares during the quarter. World Investment Advisors owned 0.16% of Sprott Physical Silver Trust worth $24,479,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of PSLV. TKG Advisors LLC grew its holdings in shares of Sprott Physical Silver Trust by 3.0% in the 4th quarter. TKG Advisors LLC now owns 12,363 shares of the exchange traded fund’s stock valued at $292,000 after buying an additional 356 shares during the period. Sunbelt Securities Inc. raised its stake in Sprott Physical Silver Trust by 2.0% during the 4th quarter. Sunbelt Securities Inc. now owns 21,530 shares of the exchange traded fund’s stock worth $509,000 after buying an additional 432 shares during the period. Latitude Advisors LLC raised its stake in Sprott Physical Silver Trust by 1.5% during the 4th quarter. Latitude Advisors LLC now owns 34,469 shares of the exchange traded fund’s stock worth $815,000 after buying an additional 500 shares during the period. Crane Advisory LLC lifted its holdings in Sprott Physical Silver Trust by 5.2% during the fourth quarter. Crane Advisory LLC now owns 10,969 shares of the exchange traded fund’s stock worth $259,000 after acquiring an additional 538 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its holdings in Sprott Physical Silver Trust by 2.3% during the fourth quarter. Wedbush Securities Inc. now owns 24,549 shares of the exchange traded fund’s stock worth $581,000 after acquiring an additional 550 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $19.45 on Friday. Sprott Physical Silver Trust has a 1 year low of $12.31 and a 1 year high of $38.13. The stock has a 50-day moving average price of $22.86 and a two-hundred day moving average price of $25.05.

About Sprott Physical Silver Trust

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.