Sprott Physical Silver Trust $PSLV Shares Sold by CWA Asset Management Group LLC

CWA Asset Management Group LLC decreased its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 40.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,717 shares of the exchange traded fund’s stock after selling 32,150 shares during the period. CWA Asset Management Group LLC’s holdings in Sprott Physical Silver Trust were worth $1,129,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Highline Wealth Partners LLC bought a new stake in shares of Sprott Physical Silver Trust during the third quarter valued at about $25,000. Strategic Advocates LLC bought a new position in Sprott Physical Silver Trust in the 3rd quarter valued at about $29,000. Franklin Resources Inc. acquired a new position in Sprott Physical Silver Trust during the 3rd quarter valued at about $39,000. Quilter Plc acquired a new position in Sprott Physical Silver Trust during the 3rd quarter valued at about $53,000. Finally, CWM LLC raised its position in shares of Sprott Physical Silver Trust by 152.5% during the 3rd quarter. CWM LLC now owns 4,075 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 2,461 shares in the last quarter.

Sprott Physical Silver Trust Stock Performance

PSLV stock opened at $22.27 on Tuesday. The firm’s 50-day moving average is $27.99 and its two-hundred day moving average is $21.70. Sprott Physical Silver Trust has a 52 week low of $9.97 and a 52 week high of $38.13.

About Sprott Physical Silver Trust

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.