B. Riley Wealth Advisors Inc. Has $137,000 Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

B. Riley Wealth Advisors Inc. decreased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 17.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,750 shares of the exchange traded fund’s stock after selling 2,625 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Sprott Physical Silver Trust were worth $137,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jupiter Asset Management Ltd. raised its position in Sprott Physical Silver Trust by 7.4% in the second quarter. Jupiter Asset Management Ltd. now owns 5,295,014 shares of the exchange traded fund’s stock worth $52,579,000 after purchasing an additional 362,573 shares in the last quarter. Raymond James & Associates lifted its position in shares of Sprott Physical Silver Trust by 12.7% during the 3rd quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock worth $24,349,000 after buying an additional 263,194 shares during the period. Capital Wealth Alliance LLC boosted its stake in Sprott Physical Silver Trust by 4.4% in the 3rd quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock valued at $23,865,000 after buying an additional 95,988 shares in the last quarter. Jane Street Group LLC bought a new stake in Sprott Physical Silver Trust in the third quarter valued at $19,598,000. Finally, Hollencrest Capital Management raised its stake in Sprott Physical Silver Trust by 0.4% during the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock worth $13,921,000 after acquiring an additional 4,868 shares in the last quarter.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA PSLV opened at $9.88 on Monday. Sprott Physical Silver Trust has a 52-week low of $7.40 and a 52-week high of $11.77. The business has a fifty day moving average of $10.62 and a two-hundred day moving average of $10.26.

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.