Synergy Asset Management LLC Acquires 14,006 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Synergy Asset Management LLC lifted its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 106.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,103 shares of the exchange traded fund’s stock after buying an additional 14,006 shares during the quarter. Synergy Asset Management LLC’s holdings in Sprott Physical Silver Trust were worth $275,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Wealthcare Capital Management LLC grew its stake in shares of Sprott Physical Silver Trust by 3.7% in the fourth quarter. Wealthcare Capital Management LLC now owns 4,108,300 shares of the exchange traded fund’s stock worth $39,645,000 after acquiring an additional 148,402 shares during the last quarter. Raymond James & Associates increased its stake in Sprott Physical Silver Trust by 12.7% during the 3rd quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock valued at $24,349,000 after purchasing an additional 263,194 shares in the last quarter. Capital Wealth Alliance LLC raised its holdings in Sprott Physical Silver Trust by 4.4% in the third quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock worth $23,865,000 after buying an additional 95,988 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Sprott Physical Silver Trust in the third quarter worth approximately $19,598,000. Finally, Hollencrest Capital Management grew its holdings in shares of Sprott Physical Silver Trust by 0.4% during the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock valued at $13,921,000 after buying an additional 4,868 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA PSLV opened at $10.58 on Friday. The company has a 50 day moving average of $10.16 and a 200 day moving average of $10.25. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77.

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.