IMC Chicago LLC Acquires 569,382 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

IMC Chicago LLC lifted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 51.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,681,529 shares of the exchange traded fund’s stock after acquiring an additional 569,382 shares during the quarter. IMC Chicago LLC’s holdings in Sprott Physical Silver Trust were worth $16,227,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wealthcare Capital Management LLC boosted its stake in shares of Sprott Physical Silver Trust by 3.7% during 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 period. Raymond James & Associates boosted its stake in Sprott Physical Silver Trust by 12.7% in 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 during the period. Capital Wealth Alliance LLC boosted its stake in Sprott Physical Silver Trust by 4.4% in the 3rd quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock valued at $23,865,000 after purchasing an additional 95,988 shares during the period. Jane Street Group LLC bought a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at $19,598,000. Finally, Hollencrest Capital Management boosted its stake in Sprott Physical Silver Trust by 0.4% in the 3rd quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock valued at $13,921,000 after purchasing an additional 4,868 shares during the period.

Sprott Physical Silver Trust Stock Performance

PSLV opened at $10.92 on Friday. The business has a fifty day simple moving average of $10.21 and a 200 day simple moving average of $10.26. Sprott Physical Silver Trust has a 1 year low of $7.40 and a 1 year 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.