Wealthcare Advisory Partners LLC Has $2.37 Million Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Wealthcare Advisory Partners LLC reduced its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLVFree Report) by 1.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 285,609 shares of the exchange traded fund’s stock after selling 4,164 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Sprott Physical Silver Trust were worth $2,368,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Clarity Financial LLC bought a new position in Sprott Physical Silver Trust during the 1st quarter worth $276,000. Columbia Advisory Partners LLC increased its stake in Sprott Physical Silver Trust by 29.3% during the 1st quarter. Columbia Advisory Partners LLC now owns 55,444 shares of the exchange traded fund’s stock worth $460,000 after acquiring an additional 12,553 shares during the period. Finally, Sunbelt Securities Inc. increased its stake in Sprott Physical Silver Trust by 66.0% during the 1st quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after acquiring an additional 6,600 shares during the period.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock traded up $0.10 during mid-day trading on Thursday, reaching $9.92. 459,654 shares of the company were exchanged, compared to its average volume of 3,790,650. The company has a fifty day simple moving average of $9.83 and a 200-day simple moving average of $8.70. Sprott Physical Silver Trust has a 12 month low of $7.08 and a 12 month high of $10.88.

Sprott Physical Silver Trust Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Sprott Physical Silver Trust (NYSEARCA:PSLV)

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