Sprott Physical Silver Trust $PSLV Shares Acquired by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC raised its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1,219.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 230,449 shares of the exchange traded fund’s stock after acquiring an additional 212,980 shares during the period. Hohimer Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $3,618,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC acquired a new position in shares of Sprott Physical Silver Trust in the 3rd quarter valued at about $25,000. Atlantic Union Bankshares Corp acquired a new stake in Sprott Physical Silver Trust during the 2nd quarter worth approximately $32,000. Quilter Plc purchased a new position in Sprott Physical Silver Trust in the third quarter valued at approximately $53,000. CWM LLC lifted its position in Sprott Physical Silver Trust by 152.5% during the third quarter. CWM LLC now owns 4,075 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 2,461 shares in the last quarter. Finally, Tacita Capital Inc acquired a new position in Sprott Physical Silver Trust during the third quarter valued at approximately $70,000.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock opened at $29.14 on Friday. The firm has a fifty day moving average of $27.40 and a 200-day moving average of $20.00. Sprott Physical Silver Trust has a 52-week low of $9.97 and a 52-week 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.