Whitaker Myers Wealth Managers LTD. Boosts Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Whitaker Myers Wealth Managers LTD. increased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 68.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 243,413 shares of the exchange traded fund’s stock after purchasing an additional 99,015 shares during the quarter. Sprott Physical Silver Trust makes up approximately 0.7% of Whitaker Myers Wealth Managers LTD.’s portfolio, making the stock its 22nd biggest position. Whitaker Myers Wealth Managers LTD. owned approximately 0.05% of Sprott Physical Silver Trust worth $2,349,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Capital Investment Advisors LLC lifted its stake in Sprott Physical Silver Trust by 4.8% during the third quarter. Capital Investment Advisors LLC now owns 21,994 shares of the exchange traded fund’s stock worth $230,000 after purchasing an additional 1,008 shares during the last quarter. Sigma Planning Corp lifted its stake in Sprott Physical Silver Trust by 1.3% in the third quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock valued at $1,018,000 after buying an additional 1,234 shares during the last quarter. Islay Capital Management LLC lifted its stake in Sprott Physical Silver Trust by 2.3% in the third quarter. Islay Capital Management LLC now owns 58,924 shares of the exchange traded fund’s stock valued at $616,000 after buying an additional 1,300 shares during the last quarter. Rockport Wealth LLC lifted its stake in Sprott Physical Silver Trust by 2.0% in the second quarter. Rockport Wealth LLC now owns 78,975 shares of the exchange traded fund’s stock valued at $784,000 after buying an additional 1,525 shares during the last quarter. Finally, Oxbow Advisors LLC lifted its stake in Sprott Physical Silver Trust by 4.4% in the third quarter. Oxbow Advisors LLC now owns 42,869 shares of the exchange traded fund’s stock valued at $448,000 after buying an additional 1,791 shares during the last quarter.

Sprott Physical Silver Trust Trading Down 1.4 %

Shares of NYSEARCA PSLV opened at $10.18 on Friday. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77. The stock has a 50 day moving average of $10.17 and a two-hundred day moving average of $10.26.

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.