Cetera Investment Advisers Has $35.54 Million Position in Sprott Physical Silver Trust $PSLV

Cetera Investment Advisers lessened its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 11.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,457,155 shares of the exchange traded fund’s stock after selling 196,620 shares during the quarter. Cetera Investment Advisers’ holdings in Sprott Physical Silver Trust were worth $35,540,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in PSLV. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Sprott Physical Silver Trust by 4.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 17,091,404 shares of the exchange traded fund’s stock worth $403,725,000 after acquiring an additional 681,981 shares during the period. IMC Chicago LLC increased its stake in Sprott Physical Silver Trust by 5,217.0% in the first quarter. IMC Chicago LLC now owns 12,853,471 shares of the exchange traded fund’s stock valued at $313,496,000 after acquiring an additional 12,611,729 shares during the period. Jane Street Group LLC increased its stake in Sprott Physical Silver Trust by 163.6% in the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after acquiring an additional 3,582,153 shares during the period. Alps Advisors Inc. raised its position in Sprott Physical Silver Trust by 76.5% in the fourth quarter. Alps Advisors Inc. now owns 5,387,630 shares of the exchange traded fund’s stock worth $127,417,000 after purchasing an additional 2,334,928 shares in the last quarter. Finally, Morgan Stanley raised its position in Sprott Physical Silver Trust by 8.0% in the fourth quarter. Morgan Stanley now owns 4,760,761 shares of the exchange traded fund’s stock worth $112,592,000 after purchasing an additional 353,293 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $18.73 on Friday. Sprott Physical Silver Trust has a 12 month low of $12.32 and a 12 month high of $38.13. The company has a 50-day moving average price of $20.89 and a two-hundred day moving average price of $24.58.

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. 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.