Mutual Advisors LLC Increases Holdings in Sprott Physical Silver Trust $PSLV

Mutual Advisors LLC boosted its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 22.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,890 shares of the exchange traded fund’s stock after purchasing an additional 4,191 shares during the period. Mutual Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $296,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PSLV. Wealth Enhancement Advisory Services LLC boosted its position in Sprott Physical Silver Trust by 43.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 741,277 shares of the exchange traded fund’s stock valued at $8,599,000 after acquiring an additional 224,091 shares in the last quarter. PFG Investments LLC boosted its position in Sprott Physical Silver Trust by 28.2% during the 1st quarter. PFG Investments LLC now owns 89,450 shares of the exchange traded fund’s stock valued at $1,038,000 after acquiring an additional 19,670 shares in the last quarter. Synergy Asset Management LLC boosted its position in Sprott Physical Silver Trust by 9.2% during the 1st quarter. Synergy Asset Management LLC now owns 29,606 shares of the exchange traded fund’s stock valued at $343,000 after acquiring an additional 2,503 shares in the last quarter. Center for Financial Planning Inc. bought a new stake in Sprott Physical Silver Trust during the 1st quarter valued at approximately $39,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Sprott Physical Silver Trust by 15.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 523,675 shares of the exchange traded fund’s stock valued at $6,075,000 after acquiring an additional 69,345 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 1.3%

Sprott Physical Silver Trust stock opened at $17.50 on Tuesday. The stock’s 50 day simple moving average is $14.67 and its two-hundred day simple moving average is $12.79. Sprott Physical Silver Trust has a fifty-two week low of $9.60 and a fifty-two week high of $18.15.

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.