Mutual Advisors LLC Buys 4,191 Shares of Sprott Physical Silver Trust $PSLV

Mutual Advisors LLC lifted its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 22.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,890 shares of the exchange traded fund’s stock after purchasing an additional 4,191 shares during the quarter. Mutual Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $296,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in PSLV. Wealth Enhancement Advisory Services LLC boosted its position in shares of Sprott Physical Silver Trust by 43.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 741,277 shares of the exchange traded fund’s stock worth $8,599,000 after purchasing an additional 224,091 shares in the last quarter. PFG Investments LLC boosted its position in shares of Sprott Physical Silver Trust by 28.2% in the 1st quarter. PFG Investments LLC now owns 89,450 shares of the exchange traded fund’s stock worth $1,038,000 after purchasing an additional 19,670 shares in the last quarter. Synergy Asset Management LLC boosted its position in shares of Sprott Physical Silver Trust by 9.2% in the 1st quarter. Synergy Asset Management LLC now owns 29,606 shares of the exchange traded fund’s stock worth $343,000 after purchasing an additional 2,503 shares in the last quarter. Center for Financial Planning Inc. bought a new stake in shares of Sprott Physical Silver Trust in the 1st quarter worth approximately $39,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Sprott Physical Silver Trust by 15.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 523,675 shares of the exchange traded fund’s stock worth $6,075,000 after purchasing an additional 69,345 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 1.3%

PSLV stock opened at $17.50 on Tuesday. Sprott Physical Silver Trust has a 12-month low of $9.60 and a 12-month high of $18.15. The stock’s 50 day simple moving average is $14.67 and its 200 day simple moving average is $12.79.

About Sprott Physical Silver Trust

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.