Ameritas Advisory Services LLC Grows Holdings in Sprott Physical Silver Trust $PSLV

Ameritas Advisory Services LLC grew its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 76.3% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 109,264 shares of the exchange traded fund’s stock after buying an additional 47,299 shares during the period. Ameritas Advisory Services LLC’s holdings in Sprott Physical Silver Trust were worth $1,337,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Destiny Wealth Partners LLC raised its holdings in shares of Sprott Physical Silver Trust by 2.9% in the second quarter. Destiny Wealth Partners LLC now owns 32,085 shares of the exchange traded fund’s stock valued at $393,000 after buying an additional 904 shares during the last quarter. Cresset Asset Management LLC raised its stake in Sprott Physical Silver Trust by 3.0% during the 1st quarter. Cresset Asset Management LLC now owns 34,519 shares of the exchange traded fund’s stock valued at $400,000 after acquiring an additional 1,000 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Sprott Physical Silver Trust by 1.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 75,267 shares of the exchange traded fund’s stock valued at $873,000 after acquiring an additional 1,045 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of Sprott Physical Silver Trust by 0.6% during the first quarter. Integrated Wealth Concepts LLC now owns 199,057 shares of the exchange traded fund’s stock worth $2,309,000 after purchasing an additional 1,107 shares during the last quarter. Finally, SMART Wealth LLC raised its stake in shares of Sprott Physical Silver Trust by 0.6% during the first quarter. SMART Wealth LLC now owns 209,949 shares of the exchange traded fund’s stock worth $2,435,000 after purchasing an additional 1,190 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Sprott Physical Silver Trust stock opened at $16.13 on Friday. Sprott Physical Silver Trust has a 12 month low of $9.60 and a 12 month high of $16.23. The business has a 50 day simple moving average of $13.74 and a 200-day simple moving average of $12.35.

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.