American Capital Advisory LLC Cuts Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

American Capital Advisory LLC lowered its position in Sprott Physical Silver Trust (NYSEARCA:PSLVFree Report) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 160,951 shares of the exchange traded fund’s stock after selling 1,703 shares during the quarter. Sprott Physical Silver Trust makes up about 0.9% of American Capital Advisory LLC’s holdings, making the stock its 25th biggest holding. American Capital Advisory LLC’s holdings in Sprott Physical Silver Trust were worth $1,553,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PSLV. First Horizon Advisors Inc. acquired a new stake in shares of Sprott Physical Silver Trust in the 3rd quarter valued at $32,000. Eastern Bank acquired a new stake in Sprott Physical Silver Trust in the third quarter valued at $45,000. ORG Wealth Partners LLC purchased a new stake in Sprott Physical Silver Trust during the 3rd quarter worth about $70,000. FNY Investment Advisers LLC acquired a new position in shares of Sprott Physical Silver Trust during the 4th quarter worth about $80,000. Finally, Hara Capital LLC purchased a new position in shares of Sprott Physical Silver Trust in the 3rd quarter valued at about $86,000.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA PSLV opened at $10.79 on Friday. The stock’s 50-day simple moving average is $10.22 and its 200-day simple moving average is $10.27. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week high of $11.77.

Sprott Physical Silver Trust Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Sprott Physical Silver Trust (NYSEARCA:PSLV)

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