Evergreen Capital Management LLC cut its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 28.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 789,325 shares of the exchange traded fund’s stock after selling 320,345 shares during the period. Evergreen Capital Management LLC owned 0.16% of Sprott Physical Silver Trust worth $7,838,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of the stock. Avantax Advisory Services Inc. acquired a new stake in shares of Sprott Physical Silver Trust during the 1st quarter worth approximately $89,000. Sandy Cove Advisors LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 2nd quarter worth approximately $99,000. ORG Partners LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 1st quarter worth approximately $102,000. NovaPoint Capital LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 2nd quarter worth approximately $102,000. Finally, RPS Advisory Solutions LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 2nd quarter worth approximately $113,000.
Sprott Physical Silver Trust Trading Up 1.3 %
Shares of NYSEARCA:PSLV opened at $10.50 on Monday. Sprott Physical Silver Trust has a one year low of $7.08 and a one year high of $10.88. The company has a 50 day moving average of $9.88 and a 200-day moving average of $9.65.
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.
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