OneAscent Financial Services LLC Acquires New Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

OneAscent Financial Services LLC acquired a new stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 38,220 shares of the exchange traded fund’s stock, valued at approximately $369,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. National Bank of Canada FI increased its position in shares of Sprott Physical Silver Trust by 15.9% during the fourth quarter. National Bank of Canada FI now owns 598,271 shares of the exchange traded fund’s stock worth $5,779,000 after acquiring an additional 81,938 shares during the period. Summit Financial LLC bought a new position in Sprott Physical Silver Trust in the fourth quarter worth approximately $979,000. CIBC Private Wealth Group LLC increased its holdings in Sprott Physical Silver Trust by 21.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 19,660 shares of the exchange traded fund’s stock worth $198,000 after purchasing an additional 3,462 shares during the period. Ausdal Financial Partners Inc. raised its position in Sprott Physical Silver Trust by 21.0% during the 4th quarter. Ausdal Financial Partners Inc. now owns 47,820 shares of the exchange traded fund’s stock valued at $461,000 after purchasing an additional 8,285 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Sprott Physical Silver Trust by 34.1% in the 4th quarter. LPL Financial LLC now owns 2,163,984 shares of the exchange traded fund’s stock worth $20,882,000 after buying an additional 549,862 shares during the period.

Sprott Physical Silver Trust Price Performance

PSLV opened at $10.89 on Friday. Sprott Physical Silver Trust has a 12-month low of $8.81 and a 12-month high of $11.77. The business’s fifty day simple moving average is $11.02 and its 200-day simple moving average is $10.65.

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.