Sprott Physical Silver Trust $PSLV Shares Sold by Barometer Capital Management Inc.

Barometer Capital Management Inc. trimmed its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 34.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,000 shares of the exchange traded fund’s stock after selling 19,300 shares during the period. Barometer Capital Management Inc.’s holdings in Sprott Physical Silver Trust were worth $581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Highline Wealth Partners LLC purchased a new position in shares of Sprott Physical Silver Trust during the third quarter worth approximately $25,000. Franklin Resources Inc. acquired a new position in shares of Sprott Physical Silver Trust in the 3rd quarter valued at $39,000. Atlantic Union Bankshares Corp purchased a new stake in Sprott Physical Silver Trust in the 2nd quarter valued at $32,000. Quilter Plc purchased a new stake in Sprott Physical Silver Trust in the 3rd quarter valued at $53,000. Finally, CWM LLC raised its holdings in shares of Sprott Physical Silver Trust by 152.5% in the third quarter. CWM LLC now owns 4,075 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 2,461 shares during the last quarter.

Sprott Physical Silver Trust Stock Down 2.5%

Sprott Physical Silver Trust stock opened at $28.12 on Thursday. Sprott Physical Silver Trust has a twelve month low of $9.97 and a twelve month high of $38.13. The stock has a 50 day moving average of $28.16 and a two-hundred day moving average of $21.01.

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. 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.