Wolverine Asset Management LLC Acquires Shares of 42,202 Sprott Physical Silver Trust $PSLV

Wolverine Asset Management LLC acquired a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 42,202 shares of the exchange traded fund’s stock, valued at approximately $998,000.

Other hedge funds have also added to or reduced their stakes in the company. NewEdge Advisors LLC grew its holdings in shares of Sprott Physical Silver Trust by 23.2% during the 1st 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 period. Cerity Partners LLC grew its holdings in shares of Sprott Physical Silver Trust by 5.2% during the 2nd 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 period. Ausdal Financial Partners Inc. grew its holdings in shares of Sprott Physical Silver Trust by 24.0% during the 2nd 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 period. Jane Street Group LLC grew its holdings in shares of Sprott Physical Silver Trust by 163.6% during the 2nd 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 period. Finally, Bank of America Corp DE grew its holdings in shares of Sprott Physical Silver Trust by 4.7% during the 2nd 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 period.

Sprott Physical Silver Trust Trading Down 0.1%

PSLV stock opened at $23.59 on Wednesday. Sprott Physical Silver Trust has a fifty-two week low of $10.73 and a fifty-two week high of $38.13. The business’s 50 day moving average price is $25.36 and its two-hundred day moving average price is $23.50.

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.