Financial Sense Advisors Inc. Has $848,000 Stock Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Financial Sense Advisors Inc. lowered its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 6.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 102,256 shares of the exchange traded fund’s stock after selling 6,493 shares during the period. Financial Sense Advisors Inc.’s holdings in Sprott Physical Silver Trust were worth $848,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Columbia Advisory Partners LLC boosted its holdings in Sprott Physical Silver Trust by 29.3% in the first quarter. Columbia Advisory Partners LLC now owns 55,444 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 12,553 shares during the last quarter. Sunbelt Securities Inc. lifted its position in shares of Sprott Physical Silver Trust by 66.0% in the 1st quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after purchasing an additional 6,600 shares during the period. Clarity Financial LLC bought a new stake in shares of Sprott Physical Silver Trust in the 1st quarter valued at $276,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Sprott Physical Silver Trust by 12.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 307,826 shares of the exchange traded fund’s stock worth $2,552,000 after buying an additional 33,870 shares during the period. Finally, Pasadena Private Wealth LLC raised its stake in Sprott Physical Silver Trust by 3.5% during the first quarter. Pasadena Private Wealth LLC now owns 326,213 shares of the exchange traded fund’s stock worth $2,704,000 after buying an additional 11,036 shares during the last quarter.

Sprott Physical Silver Trust Stock Up 2.6 %

Shares of PSLV opened at $10.36 on Thursday. The firm’s fifty day simple moving average is $9.89 and its two-hundred day simple moving average is $8.77. Sprott Physical Silver Trust has a 12 month low of $7.08 and a 12 month high of $10.88.

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.