Nadler Financial Group Inc. Sells 49,445 Shares of Sprott Physical Silver Trust $PSLV

Nadler Financial Group Inc. trimmed its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 67.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,621 shares of the exchange traded fund’s stock after selling 49,445 shares during the period. Nadler Financial Group Inc.’s holdings in Sprott Physical Silver Trust were worth $559,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC bought a new stake in Sprott Physical Silver Trust in the fourth quarter worth $25,000. Strategic Advocates LLC bought a new stake in Sprott Physical Silver Trust in the third quarter worth $29,000. Franklin Resources Inc. bought a new stake in Sprott Physical Silver Trust in the third quarter worth $39,000. Private Trust Co. NA boosted its holdings in Sprott Physical Silver Trust by 218.4% in the fourth quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 1,166 shares in the last quarter. Finally, Quilter Plc bought a new stake in Sprott Physical Silver Trust in the third quarter worth $53,000.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA PSLV opened at $24.38 on Friday. The business’s 50-day simple moving average is $25.56 and its 200-day simple moving average is $23.11. Sprott Physical Silver Trust has a 52 week low of $10.72 and a 52 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.