Mercer Global Advisors Inc. ADV Cuts Stock Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Mercer Global Advisors Inc. ADV lowered its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV – Get Rating) by 17.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,588 shares of the exchange traded fund’s stock after selling 10,900 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Sprott Physical Silver Trust were worth $433,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada boosted its position in Sprott Physical Silver Trust by 31.4% in the third quarter. Royal Bank of Canada now owns 3,023,356 shares of the exchange traded fund’s stock worth $20,015,000 after purchasing an additional 721,997 shares during the last quarter. Oxbow Advisors LLC boosted its position in Sprott Physical Silver Trust by 29.3% in the fourth quarter. Oxbow Advisors LLC now owns 17,650 shares of the exchange traded fund’s stock worth $145,000 after purchasing an additional 4,000 shares during the last quarter. National Bank of Canada FI boosted its position in Sprott Physical Silver Trust by 602.7% in the fourth quarter. National Bank of Canada FI now owns 583,574 shares of the exchange traded fund’s stock worth $4,752,000 after purchasing an additional 500,527 shares during the last quarter. Columbia Advisory Partners LLC purchased a new position in Sprott Physical Silver Trust in the fourth quarter worth $373,000. Finally, Barometer Capital Management Inc. lifted its position in shares of Sprott Physical Silver Trust by 205.6% during the 3rd quarter. Barometer Capital Management Inc. now owns 152,500 shares of the exchange traded fund’s stock valued at $1,010,000 after buying an additional 102,600 shares during the last quarter.

Sprott Physical Silver Trust Trading Down 0.5 %

PSLV stock opened at $8.13 on Tuesday. The stock has a fifty day moving average of $8.36 and a 200-day moving average of $7.92. Sprott Physical Silver Trust has a fifty-two week low of $6.16 and a fifty-two week high of $8.99.

Sprott Physical Silver Trust Company Profile

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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.