Blair William & Co. IL Decreases Stock Holdings in Sprott Physical Silver Trust $PSLV

Blair William & Co. IL decreased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 11.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 58,166 shares of the exchange traded fund’s stock after selling 7,825 shares during the period. Blair William & Co. IL’s holdings in Sprott Physical Silver Trust were worth $712,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PSLV. Wealth Enhancement Advisory Services LLC lifted its position in shares of Sprott Physical Silver Trust by 43.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 741,277 shares of the exchange traded fund’s stock valued at $8,599,000 after buying an additional 224,091 shares in the last quarter. CWA Asset Management Group LLC lifted its position in shares of Sprott Physical Silver Trust by 5.3% during the 1st quarter. CWA Asset Management Group LLC now owns 79,867 shares of the exchange traded fund’s stock valued at $926,000 after buying an additional 4,050 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Sprott Physical Silver Trust during the 1st quarter valued at approximately $1,248,000. PFG Investments LLC lifted its position in shares of Sprott Physical Silver Trust by 28.2% during the 1st quarter. PFG Investments LLC now owns 89,450 shares of the exchange traded fund’s stock valued at $1,038,000 after buying an additional 19,670 shares in the last quarter. Finally, VanWeelden Wealth Management LLC lifted its position in shares of Sprott Physical Silver Trust by 14.2% during the 1st quarter. VanWeelden Wealth Management LLC now owns 27,000 shares of the exchange traded fund’s stock valued at $313,000 after buying an additional 3,354 shares in the last quarter.

Sprott Physical Silver Trust Trading Up 2.0%

Shares of NYSEARCA:PSLV opened at $18.07 on Friday. Sprott Physical Silver Trust has a 1 year low of $9.60 and a 1 year high of $18.15. The business’s 50 day moving average price is $14.49 and its 200-day moving average price is $12.68.

About Sprott Physical Silver Trust

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.