PFG Investments LLC Trims Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

PFG Investments LLC lowered its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,780 shares of the exchange traded fund’s stock after selling 2,500 shares during the quarter. PFG Investments LLC’s holdings in Sprott Physical Silver Trust were worth $673,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PSLV. XTX Topco Ltd acquired a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth approximately $293,000. Creative Planning raised its position in Sprott Physical Silver Trust by 14.7% in the second quarter. Creative Planning now owns 64,268 shares of the exchange traded fund’s stock valued at $638,000 after purchasing an additional 8,218 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Sprott Physical Silver Trust in the 2nd quarter valued at $591,000. Walleye Capital LLC purchased a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth $1,086,000. Finally, Brookstone Capital Management increased its position in shares of Sprott Physical Silver Trust by 5.8% during the 3rd quarter. Brookstone Capital Management now owns 386,110 shares of the exchange traded fund’s stock worth $4,035,000 after purchasing an additional 21,247 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $10.30 on Thursday. The company’s 50-day moving average price is $10.15 and its 200 day moving average price is $10.24. Sprott Physical Silver Trust has a 12-month low of $7.40 and a 12-month high of $11.77.

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.