Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Bought by Financial Advocates Investment Management

Financial Advocates Investment Management grew its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 19.0% during the 3rd quarter, Holdings Channel reports. The fund owned 78,905 shares of the exchange traded fund’s stock after buying an additional 12,590 shares during the quarter. Financial Advocates Investment Management’s holdings in Sprott Physical Silver Trust were worth $825,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in PSLV. Eastern Bank acquired a new position in Sprott Physical Silver Trust during the third quarter worth $45,000. ORG Wealth Partners LLC purchased a new position in shares of Sprott Physical Silver Trust in the 3rd quarter valued at about $70,000. Avantax Advisory Services Inc. acquired a new stake in shares of Sprott Physical Silver Trust in the first quarter valued at about $89,000. Sandy Cove Advisors LLC purchased a new stake in Sprott Physical Silver Trust during the second quarter worth about $99,000. Finally, ORG Partners LLC acquired a new position in Sprott Physical Silver Trust during the first quarter worth about $102,000.

Sprott Physical Silver Trust Trading Down 1.1 %

PSLV stock opened at $10.96 on Friday. The firm has a 50 day moving average of $10.53 and a 200-day moving average of $10.10. Sprott Physical Silver Trust has a 12-month low of $7.40 and a 12-month high of $11.77.

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.