Insigneo Advisory Services LLC Acquires 2,730 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Insigneo Advisory Services LLC increased its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 162,177 shares of the exchange traded fund’s stock after acquiring an additional 2,730 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Sprott Physical Silver Trust were worth $1,881,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Independent Advisor Alliance bought a new position in shares of Sprott Physical Silver Trust in the fourth quarter valued at approximately $144,000. Ausdal Financial Partners Inc. boosted its position in shares of Sprott Physical Silver Trust by 21.0% in the fourth quarter. Ausdal Financial Partners Inc. now owns 47,820 shares of the exchange traded fund’s stock valued at $461,000 after acquiring an additional 8,285 shares during the period. HighTower Advisors LLC boosted its position in shares of Sprott Physical Silver Trust by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 406,149 shares of the exchange traded fund’s stock valued at $3,919,000 after acquiring an additional 6,825 shares during the period. Allworth Financial LP boosted its position in shares of Sprott Physical Silver Trust by 3,565.3% in the fourth quarter. Allworth Financial LP now owns 78,805 shares of the exchange traded fund’s stock valued at $816,000 after acquiring an additional 76,655 shares during the period. Finally, US Bancorp DE lifted its position in Sprott Physical Silver Trust by 21.6% during the fourth quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 1,250 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 0.2%

Shares of Sprott Physical Silver Trust stock opened at $12.22 on Tuesday. Sprott Physical Silver Trust has a 1 year low of $9.12 and a 1 year high of $12.48. The company has a 50 day simple moving average of $11.20 and a two-hundred day simple moving average of $10.81.

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.