Sprott Physical Silver Trust $PSLV Shares Sold by Equinox Partners Investment Management LLC

Equinox Partners Investment Management LLC reduced its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 38.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 912,100 shares of the exchange traded fund’s stock after selling 560,900 shares during the period. Sprott Physical Silver Trust comprises 11.3% of Equinox Partners Investment Management LLC’s holdings, making the stock its 4th largest position. Equinox Partners Investment Management LLC owned about 0.15% of Sprott Physical Silver Trust worth $21,571,000 at the end of the most recent quarter.

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

Sprott Physical Silver Trust Stock Down 3.9%

Shares of PSLV opened at $21.47 on Thursday. Sprott Physical Silver Trust has a 12 month low of $11.91 and a 12 month high of $38.13. The firm’s 50 day moving average is $24.21 and its 200-day moving average is $25.12.

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.