Sprott Physical Silver Trust $PSLV Shares Sold by HC Advisors LLC

HC Advisors LLC lessened its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 25.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 144,942 shares of the exchange traded fund’s stock after selling 48,580 shares during the period. Sprott Physical Silver Trust accounts for about 2.4% of HC Advisors LLC’s portfolio, making the stock its 14th biggest position. HC Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $3,428,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Jupiter Asset Management Ltd. increased its holdings in Sprott Physical Silver Trust by 29.0% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 9,814,158 shares of the exchange traded fund’s stock worth $153,560,000 after buying an additional 2,203,767 shares during the period. Jane Street Group LLC increased its holdings in Sprott Physical Silver Trust by 163.6% in the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after buying an additional 3,582,153 shares during the period. Alps Advisors Inc. increased its holdings in Sprott Physical Silver Trust by 118.7% in the 3rd quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock worth $47,927,000 after buying an additional 1,657,153 shares during the period. Sprott Inc. increased its holdings in Sprott Physical Silver Trust by 4.6% in the 3rd quarter. Sprott Inc. now owns 1,956,862 shares of the exchange traded fund’s stock worth $30,723,000 after buying an additional 85,635 shares during the period. Finally, Fidelis Capital Partners LLC increased its holdings in Sprott Physical Silver Trust by 1.9% in the 4th quarter. Fidelis Capital Partners LLC now owns 1,649,160 shares of the exchange traded fund’s stock worth $39,003,000 after buying an additional 31,000 shares during the period.

Sprott Physical Silver Trust Trading Down 8.1%

Shares of NYSEARCA:PSLV opened at $21.53 on Friday. Sprott Physical Silver Trust has a twelve month low of $11.91 and a twelve month high of $38.13. The company’s 50 day moving average is $24.52 and its 200 day moving average is $24.82.

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.