Avantax Advisory Services Inc. Acquires 7,774 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Avantax Advisory Services Inc. grew its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 59.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,835 shares of the exchange traded fund’s stock after purchasing an additional 7,774 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Sprott Physical Silver Trust were worth $201,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in shares of Sprott Physical Silver Trust by 84.0% in the 4th quarter. Farther Finance Advisors LLC now owns 40,385 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 18,432 shares in the last quarter. Hollencrest Capital Management increased its holdings in Sprott Physical Silver Trust by 0.8% in the fourth quarter. Hollencrest Capital Management now owns 1,342,584 shares of the exchange traded fund’s stock worth $12,956,000 after purchasing an additional 10,389 shares in the last quarter. Sequoia Financial Advisors LLC bought a new stake in Sprott Physical Silver Trust in the fourth quarter valued at $716,000. Warwick Investment Management Inc. raised its position in shares of Sprott Physical Silver Trust by 28.0% during the fourth quarter. Warwick Investment Management Inc. now owns 21,615 shares of the exchange traded fund’s stock worth $209,000 after purchasing an additional 4,726 shares during the period. Finally, HighTower Advisors LLC boosted its stake in Sprott Physical Silver Trust by 1.7% during the 4th quarter. HighTower Advisors LLC now owns 406,149 shares of the exchange traded fund’s stock valued at $3,919,000 after purchasing an additional 6,825 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 2.1 %

Shares of PSLV stock opened at $11.68 on Friday. The firm has a 50-day moving average of $10.91 and a 200-day moving average of $10.59. Sprott Physical Silver Trust has a one year low of $8.18 and a one year 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.