Wealthcare Advisory Partners LLC Has $8.34 Million Stock Position in Sprott Physical Silver Trust $PSLV

Wealthcare Advisory Partners LLC grew its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 16.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 352,808 shares of the exchange traded fund’s stock after purchasing an additional 49,793 shares during the quarter. Wealthcare Advisory Partners LLC owned about 0.06% of Sprott Physical Silver Trust worth $8,344,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Highline Wealth Partners LLC bought a new position in Sprott Physical Silver Trust during the third quarter valued at about $25,000. Strategic Advocates LLC acquired a new stake in shares of Sprott Physical Silver Trust in the third quarter worth about $29,000. Franklin Resources Inc. bought a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $39,000. Quilter Plc bought a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth about $53,000. Finally, CWM LLC increased its holdings in shares of Sprott Physical Silver Trust by 152.5% during the 3rd quarter. CWM LLC now owns 4,075 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 2,461 shares during the last quarter.

Sprott Physical Silver Trust Price Performance

Shares of PSLV stock opened at $22.63 on Friday. The stock’s 50 day simple moving average is $27.41 and its 200 day simple moving average is $21.83. Sprott Physical Silver Trust has a twelve month low of $9.97 and a twelve month high of $38.13.

Sprott Physical Silver Trust Company 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.