Private Advisor Group LLC Trims Stock Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Private Advisor Group LLC lowered its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 299,297 shares of the exchange traded fund’s stock after selling 1,897 shares during the period. Private Advisor Group LLC’s holdings in Sprott Physical Silver Trust were worth $2,888,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Sprott Physical Silver Trust by 2.3% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 44,856 shares of the exchange traded fund’s stock worth $433,000 after buying an additional 1,000 shares in the last quarter. Cobblestone Asset Management LLC boosted its position in Sprott Physical Silver Trust by 1.3% during the fourth quarter. Cobblestone Asset Management LLC now owns 84,695 shares of the exchange traded fund’s stock worth $817,000 after acquiring an additional 1,101 shares during the last quarter. Sigma Planning Corp grew its stake in Sprott Physical Silver Trust by 1.3% in the 3rd quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock worth $1,018,000 after acquiring an additional 1,234 shares during the period. Islay Capital Management LLC grew its stake in Sprott Physical Silver Trust by 2.3% in the 3rd quarter. Islay Capital Management LLC now owns 58,924 shares of the exchange traded fund’s stock worth $616,000 after acquiring an additional 1,300 shares during the period. Finally, Veracity Capital LLC raised its holdings in Sprott Physical Silver Trust by 3.6% in the 4th quarter. Veracity Capital LLC now owns 45,686 shares of the exchange traded fund’s stock valued at $441,000 after acquiring an additional 1,577 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

PSLV stock opened at $10.97 on Tuesday. Sprott Physical Silver Trust has a 52-week low of $7.45 and a 52-week high of $11.77. The stock’s fifty day simple moving average is $10.34 and its 200-day simple moving average is $10.38.

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.