Sprott Physical Silver Trust (NYSEARCA:PSLV) Stake Cut by WT Wealth Management

WT Wealth Management trimmed its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 50.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 13,000 shares of the exchange traded fund’s stock after selling 13,300 shares during the quarter. WT Wealth Management’s holdings in Sprott Physical Silver Trust were worth $125,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. bought a new stake in Sprott Physical Silver Trust in the third quarter valued at $32,000. Hara Capital LLC bought a new stake in Sprott Physical Silver Trust in the third quarter valued at $86,000. FNY Investment Advisers LLC bought a new stake in Sprott Physical Silver Trust in the fourth quarter valued at $80,000. James Hambro & Partners LLP bought a new stake in Sprott Physical Silver Trust in the fourth quarter valued at $106,000. Finally, Salomon & Ludwin LLC lifted its stake in Sprott Physical Silver Trust by 125.1% in the fourth quarter. Salomon & Ludwin LLC now owns 11,322 shares of the exchange traded fund’s stock valued at $109,000 after buying an additional 6,292 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 0.6 %

PSLV stock opened at $10.79 on Thursday. Sprott Physical Silver Trust has a 1 year low of $7.45 and a 1 year high of $11.77. The stock’s fifty day moving average is $10.37 and its two-hundred day moving average is $10.40.

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.