CENTRAL TRUST Co Cuts Stock Position in Sprott Physical Silver Trust $PSLV

CENTRAL TRUST Co decreased its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 25.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 387,683 shares of the exchange traded fund’s stock after selling 130,798 shares during the period. CENTRAL TRUST Co’s holdings in Sprott Physical Silver Trust were worth $9,456,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Hohimer Wealth Management LLC lifted its position in shares of Sprott Physical Silver Trust by 1,219.2% during the third quarter. Hohimer Wealth Management LLC now owns 230,449 shares of the exchange traded fund’s stock worth $3,618,000 after purchasing an additional 212,980 shares in the last quarter. Enclave Advisors LLC purchased a new position in shares of Sprott Physical Silver Trust in the fourth quarter valued at approximately $4,795,000. JPMorgan Chase & Co. grew its holdings in shares of Sprott Physical Silver Trust by 25.9% in the third quarter. JPMorgan Chase & Co. now owns 145,990 shares of the exchange traded fund’s stock valued at $2,292,000 after purchasing an additional 30,062 shares in the last quarter. SeaCrest Wealth Management LLC grew its holdings in shares of Sprott Physical Silver Trust by 153.5% in the third quarter. SeaCrest Wealth Management LLC now owns 276,931 shares of the exchange traded fund’s stock valued at $4,556,000 after purchasing an additional 167,697 shares in the last quarter. Finally, Beaumont Financial Advisors LLC grew its holdings in shares of Sprott Physical Silver Trust by 24.0% in the fourth quarter. Beaumont Financial Advisors LLC now owns 134,878 shares of the exchange traded fund’s stock valued at $3,190,000 after purchasing an additional 26,125 shares in the last quarter.

Sprott Physical Silver Trust Stock Down 5.7%

Shares of PSLV opened at $19.44 on Wednesday. Sprott Physical Silver Trust has a fifty-two week low of $11.91 and a fifty-two week high of $38.13. The firm’s 50 day moving average price is $23.92 and its 200 day moving average price is $25.16.

Sprott Physical Silver Trust 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.