Financial Advocates Investment Management Acquires 4,910 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Financial Advocates Investment Management lifted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 83,815 shares of the exchange traded fund’s stock after purchasing an additional 4,910 shares during the period. Financial Advocates Investment Management’s holdings in Sprott Physical Silver Trust were worth $809,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of PSLV. First Horizon Advisors Inc. acquired a new position in Sprott Physical Silver Trust during the 3rd quarter worth about $32,000. Eastern Bank bought a new position in shares of Sprott Physical Silver Trust during the third quarter worth about $45,000. ORG Wealth Partners LLC acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth approximately $70,000. Hara Capital LLC bought a new stake in Sprott Physical Silver Trust in the third quarter valued at approximately $86,000. Finally, FNY Investment Advisers LLC acquired a new stake in Sprott Physical Silver Trust during the 4th quarter valued at approximately $80,000.

Sprott Physical Silver Trust Stock Performance

Sprott Physical Silver Trust stock opened at $10.79 on Friday. The firm has a 50 day moving average price of $10.22 and a two-hundred day moving average price of $10.27. Sprott Physical Silver Trust has a 52-week low of $7.40 and a 52-week high of $11.77.

Sprott Physical Silver Trust Company 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.