Littlejohn Financial Services Inc. Takes Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Littlejohn Financial Services Inc. purchased a new position in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,965 shares of the exchange traded fund’s stock, valued at approximately $144,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Wealthcare Capital Management LLC increased its stake in Sprott Physical Silver Trust by 3.7% in the 4th 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. Capital Wealth Alliance LLC boosted its position in shares of Sprott Physical Silver Trust by 6.5% during the 4th quarter. Capital Wealth Alliance LLC now owns 2,432,372 shares of the exchange traded fund’s stock valued at $23,473,000 after acquiring an additional 149,161 shares during the last quarter. Raymond James & Associates grew its holdings in shares of Sprott Physical Silver Trust by 12.7% during the third quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock worth $24,349,000 after purchasing an additional 263,194 shares in 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, IMC Chicago LLC raised its stake in Sprott Physical Silver Trust by 51.2% in the fourth quarter. IMC Chicago LLC now owns 1,681,529 shares of the exchange traded fund’s stock valued at $16,227,000 after purchasing an additional 569,382 shares in the last quarter.

Sprott Physical Silver Trust Trading Up 0.5 %

Shares of Sprott Physical Silver Trust stock opened at $10.98 on Friday. Sprott Physical Silver Trust has a 1 year low of $7.41 and a 1 year high of $11.77. The company has a 50 day simple moving average of $10.26 and a two-hundred day simple moving average of $10.30.

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.