Cwm LLC Decreases Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Cwm LLC cut its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLVGet Rating) by 10.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,554 shares of the exchange traded fund’s stock after selling 6,575 shares during the period. Cwm LLC’s holdings in Sprott Physical Silver Trust were worth $368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Truist Financial Corp raised its holdings in shares of Sprott Physical Silver Trust by 24,389.0% in the third quarter. Truist Financial Corp now owns 2,988,143 shares of the exchange traded fund’s stock worth $19,782,000 after buying an additional 2,975,941 shares during the period. OTA Financial Group L.P. purchased a new stake in shares of Sprott Physical Silver Trust in the second quarter worth approximately $10,139,000. Flow Traders U.S. LLC purchased a new stake in shares of Sprott Physical Silver Trust in the second quarter worth approximately $9,360,000. Jane Street Group LLC raised its holdings in shares of Sprott Physical Silver Trust by 168.4% in the second quarter. Jane Street Group LLC now owns 1,491,245 shares of the exchange traded fund’s stock worth $10,290,000 after buying an additional 935,558 shares during the period. Finally, Hollencrest Capital Management raised its holdings in shares of Sprott Physical Silver Trust by 312.2% in the second quarter. Hollencrest Capital Management now owns 558,635 shares of the exchange traded fund’s stock worth $3,855,000 after buying an additional 423,115 shares during the period.

Sprott Physical Silver Trust Trading Up 1.4 %

Shares of NYSEARCA PSLV opened at $8.24 on Friday. The business’s 50 day moving average price is $7.77 and its 200-day moving average price is $7.05. Sprott Physical Silver Trust has a fifty-two week low of $6.16 and a fifty-two week high of $9.31.

About Sprott Physical Silver Trust

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Sprott Physical Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical silver bullion in London Good Delivery bar form. Sprott Physical Silver Trust was formed on June 30, 2010 and is domiciled in Canada.

Further Reading

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

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