Geneos Wealth Management Inc. Has $8.92 Million Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Geneos Wealth Management Inc. lessened its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 924,290 shares of the exchange traded fund’s stock after selling 35,830 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Sprott Physical Silver Trust were worth $8,919,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of PSLV. Jane Street Group LLC acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter valued at approximately $19,598,000. IMC Chicago LLC acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter valued at about $11,622,000. Flow Traders U.S. LLC raised its holdings in Sprott Physical Silver Trust by 3,417.0% during the third quarter. Flow Traders U.S. LLC now owns 911,223 shares of the exchange traded fund’s stock worth $9,522,000 after acquiring an additional 885,314 shares in the last quarter. International Assets Investment Management LLC boosted its position in Sprott Physical Silver Trust by 483.5% during the third quarter. International Assets Investment Management LLC now owns 557,299 shares of the exchange traded fund’s stock valued at $53,330,000 after purchasing an additional 461,785 shares during the last quarter. Finally, Kera Capital Partners Inc. bought a new position in shares of Sprott Physical Silver Trust in the fourth quarter valued at $3,909,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $10.28 on Friday. The company’s fifty day simple moving average is $10.17 and its 200 day simple moving average is $10.25. Sprott Physical Silver Trust has a 1-year low of $7.40 and a 1-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.