Ausdal Financial Partners Inc. Increases Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Ausdal Financial Partners Inc. boosted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 21.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,820 shares of the exchange traded fund’s stock after purchasing an additional 8,285 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Sprott Physical Silver Trust were worth $461,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. XTX Topco Ltd acquired a new position in shares of Sprott Physical Silver Trust during the 3rd quarter valued at about $293,000. Stratos Wealth Partners LTD. raised its stake in Sprott Physical Silver Trust by 8.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 115,222 shares of the exchange traded fund’s stock worth $1,112,000 after purchasing an additional 8,500 shares during the period. Walleye Capital LLC acquired a new position in Sprott Physical Silver Trust in the 3rd quarter valued at about $1,086,000. Allworth Financial LP grew its stake in shares of Sprott Physical Silver Trust by 3,565.3% in the 4th quarter. Allworth Financial LP now owns 78,805 shares of the exchange traded fund’s stock valued at $816,000 after buying an additional 76,655 shares during the period. Finally, HighTower Advisors LLC increased its holdings in shares of Sprott Physical Silver Trust by 1.7% during the 4th quarter. HighTower Advisors LLC now owns 406,149 shares of the exchange traded fund’s stock worth $3,919,000 after buying an additional 6,825 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA:PSLV opened at $11.68 on Friday. Sprott Physical Silver Trust has a 52 week low of $8.18 and a 52 week high of $11.77. The stock’s fifty day moving average is $10.91 and its two-hundred day moving average is $10.59.

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.