Ausdal Financial Partners Inc. raised its position in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 17.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 37,300 shares of the exchange traded fund’s stock after acquiring an additional 5,557 shares during the period. Ausdal Financial Partners Inc.’s holdings in Sprott Physical Silver Trust were worth $370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also recently made changes to their positions in the company. Sandy Cove Advisors LLC bought a new stake in shares of Sprott Physical Silver Trust in the second quarter valued at $99,000. NovaPoint Capital LLC bought a new stake in shares of Sprott Physical Silver Trust during the 2nd quarter valued at $102,000. Avantax Advisory Services Inc. purchased a new stake in Sprott Physical Silver Trust during the 1st quarter worth about $89,000. RPS Advisory Solutions LLC bought a new position in Sprott Physical Silver Trust in the 2nd quarter worth about $113,000. Finally, Mather Group LLC. grew its holdings in Sprott Physical Silver Trust by 864.6% during the 2nd quarter. Mather Group LLC. now owns 11,826 shares of the exchange traded fund’s stock valued at $117,000 after buying an additional 10,600 shares in the last quarter.
Sprott Physical Silver Trust Trading Up 1.3 %
Shares of PSLV opened at $9.63 on Tuesday. Sprott Physical Silver Trust has a twelve month low of $7.08 and a twelve month high of $10.88. The business’s 50-day moving average price is $9.93 and its 200-day moving average price is $9.49.
Sprott Physical Silver Trust 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.
Featured Articles
- Five stocks we like better than Sprott Physical Silver Trust
- When to Sell a Stock for Profit or Loss
- Why Block’s Key Components Make It a Solid Investment Choice
- Top Biotech Stocks: Exploring Innovation Opportunities
- Is Applied Digital’s Stock Set to Surge With NVIDIA’s Backing?
- What Makes a Stock a Good Dividend Stock?
- 4 Reasons to Consider Adding General Mills to Your Portfolio
Want to see what other hedge funds are holding PSLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report).
Receive News & Ratings for Sprott Physical Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
