Robinson Value Management Ltd. Sells 7,504 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Robinson Value Management Ltd. cut its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 27.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,696 shares of the exchange traded fund’s stock after selling 7,504 shares during the period. Robinson Value Management Ltd.’s holdings in Sprott Physical Silver Trust were worth $190,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. First Horizon Advisors Inc. purchased a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $32,000. Eastern Bank purchased a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $45,000. ORG Wealth Partners LLC purchased a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $70,000. FNY Investment Advisers LLC purchased a new stake in shares of Sprott Physical Silver Trust in the fourth quarter worth $80,000. Finally, Hara Capital LLC purchased a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $86,000.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA PSLV opened at $10.79 on Friday. Sprott Physical Silver Trust has a 1 year low of $7.40 and a 1 year high of $11.77. The firm has a fifty day moving average price of $10.22 and a 200-day moving average price of $10.27.

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.