B. Riley Wealth Advisors Inc. boosted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 10.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,050 shares of the exchange traded fund’s stock after buying an additional 1,700 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Sprott Physical Silver Trust were worth $141,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Geneva Partners LLC boosted its stake in Sprott Physical Silver Trust by 50.0% in the first quarter. Geneva Partners LLC now owns 45,000 shares of the exchange traded fund’s stock worth $375,000 after purchasing an additional 15,000 shares in the last quarter. St. Louis Financial Planners Asset Management LLC bought a new stake in shares of Sprott Physical Silver Trust in the second quarter worth about $78,000. Financial Advocates Investment Management increased its holdings in shares of Sprott Physical Silver Trust by 47.4% in the first quarter. Financial Advocates Investment Management now owns 120,824 shares of the exchange traded fund’s stock worth $1,008,000 after acquiring an additional 38,855 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Sprott Physical Silver Trust by 22.4% in the first quarter. LPL Financial LLC now owns 1,418,402 shares of the exchange traded fund’s stock worth $11,829,000 after acquiring an additional 259,274 shares in the last quarter. Finally, Beaumont Financial Advisors LLC increased its holdings in shares of Sprott Physical Silver Trust by 47.8% in the first quarter. Beaumont Financial Advisors LLC now owns 22,850 shares of the exchange traded fund’s stock worth $191,000 after acquiring an additional 7,395 shares in the last quarter.
Sprott Physical Silver Trust Stock Down 0.3 %
PSLV stock opened at $7.75 on Wednesday. The business has a 50-day moving average of $7.83 and a 200-day moving average of $8.09. Sprott Physical Silver Trust has a fifty-two week low of $6.58 and a fifty-two week high of $8.99.
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.
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