Cetera Investment Advisers Has $35.54 Million Stock Position in Sprott Physical Silver Trust $PSLV

Cetera Investment Advisers lowered its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 11.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,457,155 shares of the exchange traded fund’s stock after selling 196,620 shares during the quarter. Cetera Investment Advisers owned about 0.23% of Sprott Physical Silver Trust worth $35,540,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC bought a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth about $25,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at about $27,000. Purpose Unlimited Inc. bought a new stake in shares of Sprott Physical Silver Trust in the fourth quarter valued at about $28,000. Laurel Wealth Advisors LLC acquired a new stake in Sprott Physical Silver Trust during the fourth quarter worth about $31,000. Finally, Franklin Resources Inc. acquired a new stake in Sprott Physical Silver Trust during the third quarter worth about $39,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $18.73 on Friday. Sprott Physical Silver Trust has a 12-month low of $12.32 and a 12-month high of $38.13. The stock’s 50-day moving average price is $20.89 and its 200 day moving average price is $24.58.

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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.