Sanctuary Advisors LLC cut its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 44.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,723 shares of the exchange traded fund’s stock after selling 61,773 shares during the quarter. Sanctuary Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $822,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. First Horizon Advisors Inc. purchased a new position in Sprott Physical Silver Trust during the third quarter worth about $32,000. Hara Capital LLC purchased a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter valued at $86,000. FNY Investment Advisers LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth $80,000. James Hambro & Partners LLP acquired a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth $106,000. Finally, Salomon & Ludwin LLC raised its position in shares of Sprott Physical Silver Trust by 125.1% in the 4th quarter. Salomon & Ludwin LLC now owns 11,322 shares of the exchange traded fund’s stock worth $109,000 after buying an additional 6,292 shares during the period.
Sprott Physical Silver Trust Trading Down 2.0 %
Shares of NYSEARCA:PSLV opened at $10.57 on Friday. The stock has a 50-day simple moving average of $10.38 and a 200-day simple moving average of $10.40. Sprott Physical Silver Trust has a 1 year low of $7.45 and a 1 year 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.
Featured Articles
- Five stocks we like better than Sprott Physical Silver Trust
- Stock Analyst Ratings and Canadian Analyst Ratings
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- Quiet Period Expirations Explained
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Receive News & Ratings for Sprott Physical Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.