Cetera Investment Advisers Increases Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Cetera Investment Advisers lifted its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 10.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 1,110,948 shares of the exchange traded fund’s stock after buying an additional 104,613 shares during the period. Cetera Investment Advisers owned 0.23% of Sprott Physical Silver Trust worth $12,887,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Center for Financial Planning Inc. purchased a new position in Sprott Physical Silver Trust during the first quarter worth approximately $39,000. Barnes Dennig Private Wealth Management LLC purchased a new position in Sprott Physical Silver Trust during the first quarter worth approximately $41,000. First Horizon Advisors Inc. purchased a new position in Sprott Physical Silver Trust during the first quarter worth approximately $42,000. Rehmann Capital Advisory Group purchased a new position in Sprott Physical Silver Trust during the fourth quarter worth approximately $100,000. Finally, Weitzel Financial Services Inc. purchased a new position in Sprott Physical Silver Trust during the fourth quarter worth approximately $107,000.

Sprott Physical Silver Trust Stock Up 0.1%

NYSEARCA:PSLV opened at $12.93 on Wednesday. Sprott Physical Silver Trust has a fifty-two week low of $9.12 and a fifty-two week high of $13.41. The firm’s 50 day moving average is $12.22 and its two-hundred day moving average is $11.34.

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.