Farther Finance Advisors LLC Purchases 11,629 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Farther Finance Advisors LLC raised its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 28.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,014 shares of the exchange traded fund’s stock after purchasing an additional 11,629 shares during the period. Farther Finance Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $599,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC increased its position in shares of Sprott Physical Silver Trust by 122.4% during the 4th quarter. Jane Street Group LLC now owns 4,171,642 shares of the exchange traded fund’s stock valued at $40,256,000 after purchasing an additional 2,296,233 shares during the last quarter. Raymond James Financial Inc. bought a new position in Sprott Physical Silver Trust during the fourth quarter valued at approximately $25,348,000. LPL Financial LLC grew its position in Sprott Physical Silver Trust by 34.1% during the fourth quarter. LPL Financial LLC now owns 2,163,984 shares of the exchange traded fund’s stock valued at $20,882,000 after acquiring an additional 549,862 shares during the last quarter. Sprott Inc. raised its stake in shares of Sprott Physical Silver Trust by 35.5% during the fourth quarter. Sprott Inc. now owns 1,892,049 shares of the exchange traded fund’s stock worth $18,258,000 after acquiring an additional 495,791 shares in the last quarter. Finally, Fidelis Capital Partners LLC lifted its holdings in shares of Sprott Physical Silver Trust by 50.5% in the 4th quarter. Fidelis Capital Partners LLC now owns 1,630,350 shares of the exchange traded fund’s stock worth $17,216,000 after acquiring an additional 547,050 shares during the last quarter.

Sprott Physical Silver Trust Stock Down 0.1%

PSLV stock opened at $12.19 on Friday. The firm’s fifty day moving average is $11.16 and its 200 day moving average is $10.80. Sprott Physical Silver Trust has a 52 week low of $9.12 and a 52 week high of $12.37.

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.