Avidian Wealth Enterprises LLC Sells 8,050 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Avidian Wealth Enterprises LLC decreased its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 14.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,474 shares of the exchange traded fund’s stock after selling 8,050 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Sprott Physical Silver Trust were worth $477,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of PSLV. First Horizon Advisors Inc. bought a new position in Sprott Physical Silver Trust during the third quarter worth about $32,000. Eastern Bank bought a new position in Sprott Physical Silver Trust during the third quarter worth about $45,000. Hara Capital LLC bought a new position in Sprott Physical Silver Trust during the third quarter worth about $86,000. FNY Investment Advisers LLC bought a new position in Sprott Physical Silver Trust during the fourth quarter worth about $80,000. Finally, James Hambro & Partners LLP bought a new position in Sprott Physical Silver Trust during the fourth quarter worth about $106,000.

Sprott Physical Silver Trust Trading Up 0.5 %

Sprott Physical Silver Trust stock opened at $10.98 on Friday. Sprott Physical Silver Trust has a 52 week low of $7.41 and a 52 week high of $11.77. The stock has a 50-day simple moving average of $10.26 and a 200 day simple moving average of $10.30.

About Sprott Physical Silver Trust

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.