Evergreen Capital Management LLC Has $11.57 Million Stock Position in Sprott Physical Silver Trust $PSLV

Evergreen Capital Management LLC lessened its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 736,619 shares of the exchange traded fund’s stock after selling 19,260 shares during the period. Evergreen Capital Management LLC owned about 0.13% of Sprott Physical Silver Trust worth $11,565,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Highline Wealth Partners LLC bought a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth approximately $25,000. Redwood Park Advisors LLC bought a new stake in Sprott Physical Silver Trust during the second quarter worth $32,000. Atlantic Union Bankshares Corp acquired a new stake in Sprott Physical Silver Trust in the second quarter valued at $32,000. Ameriflex Group Inc. grew its position in shares of Sprott Physical Silver Trust by 161.5% in the 2nd quarter. Ameriflex Group Inc. now owns 3,400 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 2,100 shares during the period. Finally, Trust Co. of Vermont acquired a new position in shares of Sprott Physical Silver Trust during the 2nd quarter worth about $56,000.

Sprott Physical Silver Trust Trading Down 2.9%

Shares of NYSEARCA:PSLV opened at $29.39 on Friday. Sprott Physical Silver Trust has a 52-week low of $9.96 and a 52-week high of $30.76. The company has a 50-day simple moving average of $21.65 and a 200 day simple moving average of $16.81.

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. The Trust invests and intends to continue to invest primarily in long-term holdings of unencumbered, fully allocated, physical silver bullion, and does not speculate with regard to short-term changes in silver prices.