Financial Sense Advisors Inc. Sells 130,963 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Financial Sense Advisors Inc. cut its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 88.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,743 shares of the exchange traded fund’s stock after selling 130,963 shares during the period. Financial Sense Advisors Inc.’s holdings in Sprott Physical Silver Trust were worth $162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of PSLV. First Horizon Advisors Inc. bought a new position in Sprott Physical Silver Trust in the 3rd quarter worth approximately $32,000. Eastern Bank purchased a new position in shares of Sprott Physical Silver Trust in the third quarter worth $45,000. FNY Investment Advisers LLC bought a new position in shares of Sprott Physical Silver Trust during the fourth quarter worth $80,000. Hara Capital LLC purchased a new position in Sprott Physical Silver Trust during the third quarter valued at $86,000. Finally, James Hambro & Partners LLP purchased a new position in Sprott Physical Silver Trust during the fourth quarter valued at $106,000.

Sprott Physical Silver Trust Trading Down 0.4 %

Shares of PSLV stock opened at $11.10 on Thursday. The company’s fifty day simple moving average is $10.29 and its two-hundred day simple moving average is $10.34. Sprott Physical Silver Trust has a 52 week low of $7.45 and a 52 week high of $11.77.

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.