PFG Advisors Decreases Stock Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

PFG Advisors lowered its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 45,801 shares of the exchange traded fund’s stock after selling 1,586 shares during the quarter. PFG Advisors’ holdings in Sprott Physical Silver Trust were worth $442,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of PSLV. XTX Topco Ltd bought a new position in Sprott Physical Silver Trust in the 3rd quarter valued at $293,000. Stratos Wealth Partners LTD. grew its position in shares of Sprott Physical Silver Trust by 8.0% during the 4th quarter. Stratos Wealth Partners LTD. now owns 115,222 shares of the exchange traded fund’s stock worth $1,112,000 after buying an additional 8,500 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $1,086,000. Allworth Financial LP grew its position in shares of Sprott Physical Silver Trust by 3,565.3% during the 4th quarter. Allworth Financial LP now owns 78,805 shares of the exchange traded fund’s stock worth $816,000 after buying an additional 76,655 shares in the last quarter. Finally, First Horizon Advisors Inc. purchased a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth $32,000.

Sprott Physical Silver Trust Stock Performance

Shares of NYSEARCA PSLV opened at $11.53 on Friday. Sprott Physical Silver Trust has a 1-year low of $8.12 and a 1-year high of $11.77. The business has a fifty day moving average price of $10.62 and a 200 day moving average price of $10.48.

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.