66,074 Shares in Sprott Physical Silver Trust (NYSEARCA:PSLV) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 66,074 shares of the exchange traded fund’s stock, valued at approximately $638,000.

Other hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. acquired a new position in shares of Sprott Physical Silver Trust in the 3rd quarter valued at $32,000. Eastern Bank purchased a new position in Sprott Physical Silver Trust in the third quarter valued at $45,000. ORG Wealth Partners LLC acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth about $70,000. FNY Investment Advisers LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth about $80,000. Finally, Hara Capital LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter valued at about $86,000.

Sprott Physical Silver Trust Stock Down 0.8 %

Shares of PSLV stock opened at $10.80 on Wednesday. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-year high of $11.77. The stock has a 50 day simple moving average of $10.24 and a 200-day simple moving average of $10.29.

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.