Sprott Physical Silver Trust $PSLV Shares Sold by Amitell Capital Pte Ltd

Amitell Capital Pte Ltd decreased its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 18.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 195,173 shares of the exchange traded fund’s stock after selling 45,507 shares during the quarter. Sprott Physical Silver Trust makes up 1.9% of Amitell Capital Pte Ltd’s holdings, making the stock its 21st biggest position. Amitell Capital Pte Ltd’s holdings in Sprott Physical Silver Trust were worth $3,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its holdings in shares of Sprott Physical Silver Trust by 23.2% during the 1st quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock worth $788,000 after purchasing an additional 12,810 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. purchased a new position in Sprott Physical Silver Trust in the 2nd quarter valued at approximately $453,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Sprott Physical Silver Trust during the second quarter worth about $322,000. Envestnet Asset Management Inc. increased its stake in shares of Sprott Physical Silver Trust by 28.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,050,899 shares of the exchange traded fund’s stock worth $12,863,000 after buying an additional 230,006 shares during the period. Finally, World Investment Advisors increased its stake in shares of Sprott Physical Silver Trust by 54.0% during the second quarter. World Investment Advisors now owns 556,498 shares of the exchange traded fund’s stock worth $6,812,000 after buying an additional 195,046 shares during the period.

Sprott Physical Silver Trust Stock Performance

Sprott Physical Silver Trust stock opened at $29.36 on Thursday. Sprott Physical Silver Trust has a 1-year low of $9.97 and a 1-year high of $38.13. The stock’s fifty day moving average is $27.25 and its two-hundred day moving average is $19.94.

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.