Sprott Physical Silver Trust $PSLV is WIT Partners Advisory Pte. Ltd.’s 3rd Largest Position

WIT Partners Advisory Pte. Ltd. lifted its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 18.8% during the first quarter, Holdings Channel reports. The institutional investor owned 1,007,557 shares of the exchange traded fund’s stock after purchasing an additional 159,765 shares during the quarter. Sprott Physical Silver Trust comprises 7.2% of WIT Partners Advisory Pte. Ltd.’s investment portfolio, making the stock its 3rd biggest holding. WIT Partners Advisory Pte. Ltd.’s holdings in Sprott Physical Silver Trust were worth $24,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in shares of Sprott Physical Silver Trust by 23.2% in the 1st quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock valued at $788,000 after purchasing an additional 12,810 shares in the last quarter. Cerity Partners LLC boosted its holdings in 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 buying an additional 5,081 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in 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 buying an additional 14,484 shares during the period. Jane Street Group LLC grew its position in 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 buying an additional 3,582,153 shares during the period. Finally, Bank of America Corp DE increased its holdings in Sprott Physical Silver Trust by 4.7% in the second quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock valued at $5,693,000 after buying an additional 20,856 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 3.5%

NYSEARCA PSLV opened at $17.88 on Friday. The business has a 50 day moving average price of $21.90 and a 200 day moving average price of $24.82. Sprott Physical Silver Trust has a 1-year low of $12.32 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.