ORG Partners LLC Invests $102,000 in Sprott Physical Silver Trust (NYSEARCA:PSLV)

ORG Partners LLC acquired a new position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,168 shares of the exchange traded fund’s stock, valued at approximately $102,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Prosperity Consulting Group LLC acquired a new position in Sprott Physical Silver Trust during the first quarter valued at $133,000. Sunbelt Securities Inc. raised its position in shares of Sprott Physical Silver Trust by 66.0% in the first quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after acquiring an additional 6,600 shares during the period. Crown Wealth Group LLC raised its position in shares of Sprott Physical Silver Trust by 23.8% in the first quarter. Crown Wealth Group LLC now owns 25,968 shares of the exchange traded fund’s stock worth $215,000 after acquiring an additional 5,000 shares during the period. Clarity Financial LLC acquired a new position in shares of Sprott Physical Silver Trust in the first quarter worth about $276,000. Finally, Avidian Wealth Solutions LLC raised its position in shares of Sprott Physical Silver Trust by 24.6% in the first quarter. Avidian Wealth Solutions LLC now owns 44,024 shares of the exchange traded fund’s stock worth $365,000 after acquiring an additional 8,695 shares during the period.

Sprott Physical Silver Trust Stock Down 1.8 %

Shares of PSLV stock traded down $0.19 on Friday, reaching $10.55. 3,741,364 shares of the company were exchanged, compared to its average volume of 3,878,306. Sprott Physical Silver Trust has a 1 year low of $7.08 and a 1 year high of $10.88. The business has a 50-day moving average price of $10.07 and a 200 day moving average price of $8.86.

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.