Pettinga Financial Advisors LLC lifted its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 16.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 229,345 shares of the exchange traded fund’s stock after buying an additional 32,990 shares during the quarter. Pettinga Financial Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $2,213,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Millstone Evans Group LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth about $58,000. US Bancorp DE raised its stake in Sprott Physical Silver Trust by 21.6% in the 4th quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 1,250 shares in the last quarter. Rehmann Capital Advisory Group acquired a new stake in Sprott Physical Silver Trust in the 4th quarter worth about $100,000. Guild Investment Management Inc. acquired a new stake in Sprott Physical Silver Trust in the 4th quarter worth about $101,000. Finally, James Hambro & Partners LLP acquired a new stake in Sprott Physical Silver Trust in the 4th quarter worth about $106,000.
Sprott Physical Silver Trust Trading Down 1.3%
Shares of Sprott Physical Silver Trust stock opened at $11.11 on Friday. Sprott Physical Silver Trust has a twelve month low of $9.12 and a twelve month high of $11.77. The company has a 50-day simple moving average of $11.00 and a two-hundred day simple moving average of $10.65.
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.
Featured Stories
- Five stocks we like better than Sprott Physical Silver Trust
- What Do S&P 500 Stocks Tell Investors About the Market?
- Turbulence for Joby Shares: What’s Behind the Recent Dip?
- The Role Economic Reports Play in a Successful Investment Strategy
- Why Carnival Could Be the Ultimate Non-Tech Growth Stock
- Breakout Stocks: What They Are and How to Identify Them
- Super Micro Computer Stock Clears New Path Higher on Saudi Orders
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.