Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Sold by SouthState Corp

SouthState Corp reduced its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 78.3% in the 3rd quarter, Holdings Channel reports. The firm owned 38,826 shares of the exchange traded fund’s stock after selling 140,461 shares during the quarter. SouthState Corp’s holdings in Sprott Physical Silver Trust were worth $406,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PSLV. Eastern Bank purchased a new position in Sprott Physical Silver Trust in the 3rd quarter worth approximately $45,000. ORG Wealth Partners LLC purchased a new position in Sprott Physical Silver Trust during the third quarter worth approximately $70,000. Hara Capital LLC acquired a new position in Sprott Physical Silver Trust during the third quarter worth $86,000. Avantax Advisory Services Inc. purchased a new stake in Sprott Physical Silver Trust in the 1st quarter valued at $89,000. Finally, Sandy Cove Advisors LLC purchased a new stake in Sprott Physical Silver Trust in the 2nd quarter valued at $99,000.

Sprott Physical Silver Trust Trading Up 0.7 %

NYSEARCA PSLV opened at $10.52 on Wednesday. The business’s fifty day simple moving average is $10.70 and its 200-day simple moving average is $10.22. Sprott Physical Silver Trust has a 52 week low of $7.40 and a 52 week high of $11.77.

Sprott Physical Silver Trust Company 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.