Sanctuary Advisors LLC reduced its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 19.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 145,020 shares of the exchange traded fund’s stock after selling 33,910 shares during the period. Sanctuary Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $3,537,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Enclave Advisors LLC bought a new stake in Sprott Physical Silver Trust during the fourth quarter worth approximately $4,795,000. JPMorgan Chase & Co. raised its position in Sprott Physical Silver Trust by 25.9% during the third quarter. JPMorgan Chase & Co. now owns 145,990 shares of the exchange traded fund’s stock valued at $2,292,000 after purchasing an additional 30,062 shares during the period. Beaumont Financial Advisors LLC lifted its stake in shares of Sprott Physical Silver Trust by 24.0% in the 4th quarter. Beaumont Financial Advisors LLC now owns 134,878 shares of the exchange traded fund’s stock valued at $3,190,000 after purchasing an additional 26,125 shares during the last quarter. World Investment Advisors lifted its stake in shares of Sprott Physical Silver Trust by 15.4% in the 4th quarter. World Investment Advisors now owns 889,940 shares of the exchange traded fund’s stock valued at $21,047,000 after purchasing an additional 118,445 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of Sprott Physical Silver Trust by 16.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 352,808 shares of the exchange traded fund’s stock worth $8,344,000 after purchasing an additional 49,793 shares during the period.
Sprott Physical Silver Trust Price Performance
NYSEARCA PSLV opened at $18.04 on Monday. The business’s 50 day moving average price is $21.74 and its 200-day moving average price is $24.77. Sprott Physical Silver Trust has a fifty-two week low of $12.32 and a fifty-two week high of $38.13.
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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.
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