VectorGlobal IAG Inc. Buys Shares of 71,906 Sprott Physical Silver Trust $PSLV

VectorGlobal IAG Inc. purchased a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 71,906 shares of the exchange traded fund’s stock, valued at approximately $1,754,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Sprott Physical Silver Trust by 25.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 145,990 shares of the exchange traded fund’s stock worth $2,292,000 after purchasing an additional 30,062 shares during the period. Ignite Planners LLC purchased a new stake in shares of Sprott Physical Silver Trust in the 4th quarter valued at approximately $512,000. WIT Partners Advisory Pte. Ltd. raised its holdings in shares of Sprott Physical Silver Trust by 61.8% in the 4th quarter. WIT Partners Advisory Pte. Ltd. now owns 847,792 shares of the exchange traded fund’s stock valued at $19,048,000 after buying an additional 323,722 shares during the period. International Assets Investment Management LLC increased its holdings in Sprott Physical Silver Trust by 89.0% during the 4th quarter. International Assets Investment Management LLC now owns 441,767 shares of the exchange traded fund’s stock worth $10,448,000 after purchasing an additional 207,976 shares during the period. Finally, K.J. Harrison & Partners Inc increased its stake in shares of Sprott Physical Silver Trust by 64.4% during the fourth quarter. K.J. Harrison & Partners Inc now owns 713,622 shares of the exchange traded fund’s stock worth $16,927,000 after buying an additional 279,665 shares during the period.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA:PSLV opened at $18.80 on Monday. Sprott Physical Silver Trust has a 52 week low of $12.32 and a 52 week high of $38.13. The company’s 50 day moving average is $20.32 and its two-hundred day moving average is $24.30.

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.