Flagship Harbor Advisors LLC Sells 8,324 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Flagship Harbor Advisors LLC reduced its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 29.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,605 shares of the exchange traded fund’s stock after selling 8,324 shares during the period. Flagship Harbor Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $227,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Independent Advisor Alliance acquired a new stake in shares of Sprott Physical Silver Trust in the fourth quarter worth $144,000. Ausdal Financial Partners Inc. boosted its holdings in Sprott Physical Silver Trust by 21.0% in the 4th quarter. Ausdal Financial Partners Inc. now owns 47,820 shares of the exchange traded fund’s stock valued at $461,000 after purchasing an additional 8,285 shares during the period. HighTower Advisors LLC grew its position in Sprott Physical Silver Trust by 1.7% in the 4th quarter. HighTower Advisors LLC now owns 406,149 shares of the exchange traded fund’s stock worth $3,919,000 after purchasing an additional 6,825 shares during the last quarter. US Bancorp DE increased its holdings in shares of Sprott Physical Silver Trust by 21.6% during the 4th quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 1,250 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Sprott Physical Silver Trust during the fourth quarter valued at about $25,348,000.

Sprott Physical Silver Trust Price Performance

PSLV stock opened at $12.45 on Friday. Sprott Physical Silver Trust has a twelve month low of $9.12 and a twelve month high of $12.58. The business’s 50-day simple moving average is $11.45 and its 200 day simple moving average is $10.91.

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.