Cypress Wealth Services LLC Grows Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Cypress Wealth Services LLC grew its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 21.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 74,130 shares of the exchange traded fund’s stock after acquiring an additional 12,950 shares during the quarter. Cypress Wealth Services LLC’s holdings in Sprott Physical Silver Trust were worth $715,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. First Horizon Advisors Inc. bought a new stake in Sprott Physical Silver Trust during the 3rd quarter valued at about $32,000. Eastern Bank purchased a new stake in shares of Sprott Physical Silver Trust during the third quarter valued at approximately $45,000. ORG Wealth Partners LLC bought a new stake in shares of Sprott Physical Silver Trust during the third quarter valued at approximately $70,000. FNY Investment Advisers LLC purchased a new position in Sprott Physical Silver Trust in the 4th quarter worth approximately $80,000. Finally, Hara Capital LLC bought a new position in Sprott Physical Silver Trust in the 3rd quarter valued at approximately $86,000.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock opened at $10.32 on Friday. Sprott Physical Silver Trust has a 12 month low of $7.40 and a 12 month high of $11.77. The stock has a fifty day simple moving average of $10.18 and a two-hundred day simple moving average of $10.26.

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.