Synergy Asset Management LLC Increases Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Synergy Asset Management LLC increased its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 106.9% during the 4th quarter, Holdings Channel reports. The firm owned 27,103 shares of the exchange traded fund’s stock after acquiring an additional 14,006 shares during the period. Synergy Asset Management LLC’s holdings in Sprott Physical Silver Trust were worth $275,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Jane Street Group LLC bought a new stake in Sprott Physical Silver Trust during the third quarter valued at about $19,598,000. IMC Chicago LLC bought a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at approximately $11,622,000. Flow Traders U.S. LLC lifted its holdings in Sprott Physical Silver Trust by 3,417.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 911,223 shares of the exchange traded fund’s stock worth $9,522,000 after purchasing an additional 885,314 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Sprott Physical Silver Trust by 483.5% in the 3rd quarter. International Assets Investment Management LLC now owns 557,299 shares of the exchange traded fund’s stock worth $53,330,000 after purchasing an additional 461,785 shares during the period. Finally, Kera Capital Partners Inc. purchased a new stake in Sprott Physical Silver Trust during the 4th quarter valued at approximately $3,909,000.

Sprott Physical Silver Trust Price Performance

PSLV stock opened at $10.58 on Friday. The company’s fifty day moving average price is $10.16 and its 200-day moving average price is $10.25. Sprott Physical Silver Trust has a one year low of $7.40 and a one year high of $11.77.

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.