Leavell Investment Management Inc. Boosts Stake in Sprott Physical Silver Trust $PSLV

Leavell Investment Management Inc. increased its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,816 shares of the exchange traded fund’s stock after buying an additional 2,816 shares during the quarter. Leavell Investment Management Inc.’s holdings in Sprott Physical Silver Trust were worth $1,626,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in PSLV. Barnes Dennig Private Wealth Management LLC purchased a new stake in Sprott Physical Silver Trust during the 1st quarter valued at about $41,000. First Horizon Advisors Inc. acquired a new stake in shares of Sprott Physical Silver Trust during the first quarter worth about $42,000. Ameriflex Group Inc. boosted its position in Sprott Physical Silver Trust by 161.5% in the second quarter. Ameriflex Group Inc. now owns 3,400 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 2,100 shares during the last quarter. Trust Co. of Vermont acquired a new position in Sprott Physical Silver Trust in the 2nd quarter worth approximately $56,000. Finally, Blue Trust Inc. acquired a new position in Sprott Physical Silver Trust in the 2nd quarter worth approximately $74,000.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA PSLV opened at $16.02 on Friday. The company has a 50 day simple moving average of $14.92 and a two-hundred day simple moving average of $12.94. Sprott Physical Silver Trust has a 12 month low of $9.60 and a 12 month high of $18.15.

Sprott Physical Silver Trust Company 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.