Wealthcare Advisory Partners LLC boosted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 8.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,015 shares of the exchange traded fund’s stock after purchasing an additional 22,511 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.05% of Sprott Physical Silver Trust worth $4,757,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Highline Wealth Partners LLC acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $25,000. Redwood Park Advisors LLC bought a new position in Sprott Physical Silver Trust in the second quarter valued at about $32,000. Atlantic Union Bankshares Corp acquired a new position in Sprott Physical Silver Trust during the second quarter worth about $32,000. Quilter Plc bought a new position in shares of Sprott Physical Silver Trust in the third quarter worth about $53,000. Finally, CWM LLC boosted its stake in shares of Sprott Physical Silver Trust by 152.5% in the 3rd quarter. CWM LLC now owns 4,075 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 2,461 shares in the last quarter.
Sprott Physical Silver Trust Stock Down 4.2%
NYSEARCA PSLV opened at $24.00 on Wednesday. The firm’s fifty day moving average price is $26.43 and its two-hundred day moving average price is $19.35. Sprott Physical Silver Trust has a fifty-two week low of $9.97 and a fifty-two week high of $38.13.
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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.
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