Jane Street Group LLC trimmed its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 47.5% in the first quarter, Holdings Channel reports. The firm owned 2,189,921 shares of the exchange traded fund’s stock after selling 1,981,721 shares during the period. Jane Street Group LLC’s holdings in Sprott Physical Silver Trust were worth $25,403,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Center for Financial Planning Inc. acquired a new stake in Sprott Physical Silver Trust in the 1st quarter valued at $39,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Sprott Physical Silver Trust in the 1st quarter valued at $41,000. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Silver Trust in the 1st quarter valued at $42,000. Miracle Mile Advisors LLC acquired a new stake in Sprott Physical Silver Trust in the 1st quarter valued at $116,000. Finally, Compass Financial Group INC SD acquired a new stake in Sprott Physical Silver Trust in the 1st quarter valued at $117,000.
Sprott Physical Silver Trust Trading Up 1.5%
Shares of NYSEARCA PSLV opened at $13.25 on Friday. Sprott Physical Silver Trust has a 12-month low of $9.42 and a 12-month high of $13.41. The stock has a fifty day moving average price of $12.74 and a 200 day moving average price of $11.72.
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.
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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).
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