Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Sold by Pacific Sage Partners LLC

Pacific Sage Partners LLC cut its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 417,408 shares of the exchange traded fund’s stock after selling 1,303 shares during the period. Sprott Physical Silver Trust accounts for about 0.9% of Pacific Sage Partners LLC’s portfolio, making the stock its 20th largest holding. Pacific Sage Partners LLC owned approximately 0.09% of Sprott Physical Silver Trust worth $4,028,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PSLV. XTX Topco Ltd acquired a new position in Sprott Physical Silver Trust in the third quarter valued at about $293,000. Creative Planning lifted its holdings in shares of Sprott Physical Silver Trust by 14.7% in the 2nd quarter. Creative Planning now owns 64,268 shares of the exchange traded fund’s stock worth $638,000 after acquiring an additional 8,218 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Sprott Physical Silver Trust during the 2nd quarter worth approximately $591,000. Walleye Capital LLC acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at approximately $1,086,000. Finally, Brookstone Capital Management raised its position in Sprott Physical Silver Trust by 5.8% in the third quarter. Brookstone Capital Management now owns 386,110 shares of the exchange traded fund’s stock valued at $4,035,000 after purchasing an additional 21,247 shares during the period.

Sprott Physical Silver Trust Stock Down 0.7 %

Shares of NYSEARCA PSLV opened at $10.51 on Friday. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77. The stock has a fifty day simple moving average of $10.16 and a 200-day simple moving average of $10.24.

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.