Investors Asset Management of Georgia Inc. GA ADV Buys 30,000 Shares of Sprott Physical Silver Trust $PSLV

Investors Asset Management of Georgia Inc. GA ADV purchased a new stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,000 shares of the exchange traded fund’s stock, valued at approximately $581,000.

Several other large investors have also recently bought and sold shares of PSLV. Purpose Unlimited Inc. purchased a new stake in Sprott Physical Silver Trust in the 4th quarter worth about $28,000. Contravisory Investment Management Inc. purchased a new position in Sprott Physical Silver Trust during the 3rd quarter valued at about $32,000. Trust Co. of Vermont purchased a new position in Sprott Physical Silver Trust during the 2nd quarter valued at about $39,000. Root Financial Partners LLC purchased a new position in Sprott Physical Silver Trust during the 1st quarter valued at about $73,000. Finally, Costello Asset Management INC increased its holdings in shares of Sprott Physical Silver Trust by 76.5% in the 1st quarter. Costello Asset Management INC now owns 3,000 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 1,300 shares during the period.

Sprott Physical Silver Trust Price Performance

Shares of PSLV traded up $0.19 during trading hours on Tuesday, reaching $18.67. The company’s stock had a trading volume of 2,399,911 shares, compared to its average volume of 12,310,906. Sprott Physical Silver Trust has a 1-year low of $15.06 and a 1-year high of $38.13. The company has a 50 day moving average of $20.83 and a two-hundred day moving average of $21.66.

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.