Kestra Advisory Services LLC Increases Holdings in Sprott Physical Silver Trust $PSLV

Kestra Advisory Services LLC increased its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 5.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,665,146 shares of the exchange traded fund’s stock after acquiring an additional 81,917 shares during the period. Kestra Advisory Services LLC’s holdings in Sprott Physical Silver Trust were worth $40,613,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. TKG Advisors LLC raised its position in Sprott Physical Silver Trust by 3.0% during the fourth quarter. TKG Advisors LLC now owns 12,363 shares of the exchange traded fund’s stock valued at $292,000 after purchasing an additional 356 shares during the period. Sunbelt Securities Inc. lifted its stake in shares of Sprott Physical Silver Trust by 2.0% in the 4th quarter. Sunbelt Securities Inc. now owns 21,530 shares of the exchange traded fund’s stock valued at $509,000 after purchasing an additional 432 shares during the last quarter. Latitude Advisors LLC boosted its holdings in shares of Sprott Physical Silver Trust by 1.5% in the 4th quarter. Latitude Advisors LLC now owns 34,469 shares of the exchange traded fund’s stock worth $815,000 after purchasing an additional 500 shares during the period. Crane Advisory LLC boosted its holdings in shares of Sprott Physical Silver Trust by 5.2% in the 4th quarter. Crane Advisory LLC now owns 10,969 shares of the exchange traded fund’s stock worth $259,000 after purchasing an additional 538 shares during the period. Finally, Wedbush Securities Inc. increased its position in shares of Sprott Physical Silver Trust by 2.3% during the 4th quarter. Wedbush Securities Inc. now owns 24,549 shares of the exchange traded fund’s stock valued at $581,000 after purchasing an additional 550 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA:PSLV traded down $0.07 during midday trading on Friday, hitting $19.14. 4,847,024 shares of the company traded hands, compared to its average volume of 15,253,839. The firm’s fifty day moving average is $22.39 and its 200-day moving average is $24.97. Sprott Physical Silver Trust has a 12-month low of $12.32 and a 12-month high of $38.13.

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. 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.