Fore Capital LLC Takes Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Fore Capital LLC acquired a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 240,000 shares of the exchange traded fund’s stock, valued at approximately $2,316,000. Sprott Physical Silver Trust accounts for approximately 0.9% of Fore Capital LLC’s investment portfolio, making the stock its 21st largest position.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Avantax Advisory Services Inc. boosted its holdings in shares of Sprott Physical Silver Trust by 59.5% in the 4th quarter. Avantax Advisory Services Inc. now owns 20,835 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 7,774 shares in the last quarter. Farther Finance Advisors LLC raised its position in Sprott Physical Silver Trust by 84.0% during the 4th quarter. Farther Finance Advisors LLC now owns 40,385 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 18,432 shares during the last quarter. Hollencrest Capital Management boosted its holdings in Sprott Physical Silver Trust by 0.8% in the 4th quarter. Hollencrest Capital Management now owns 1,342,584 shares of the exchange traded fund’s stock valued at $12,956,000 after purchasing an additional 10,389 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth approximately $716,000. Finally, Warwick Investment Management Inc. raised its position in Sprott Physical Silver Trust by 28.0% during the fourth quarter. Warwick Investment Management Inc. now owns 21,615 shares of the exchange traded fund’s stock worth $209,000 after acquiring an additional 4,726 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 1.4 %

Shares of PSLV stock opened at $11.30 on Thursday. Sprott Physical Silver Trust has a 1-year low of $8.12 and a 1-year high of $11.77. The firm’s 50-day simple moving average is $10.59 and its 200-day simple moving average is $10.47.

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.