Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC decreased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 48,000 shares of the exchange traded fund’s stock after selling 1,000 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $463,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. XTX Topco Ltd acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth $293,000. Stratos Wealth Partners LTD. grew its stake in shares of Sprott Physical Silver Trust by 8.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 115,222 shares of the exchange traded fund’s stock worth $1,112,000 after acquiring an additional 8,500 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth $1,086,000. First Horizon Advisors Inc. acquired a new position in shares of Sprott Physical Silver Trust in the third quarter worth $32,000. Finally, Allworth Financial LP grew its stake in shares of Sprott Physical Silver Trust by 3,565.3% in the fourth quarter. Allworth Financial LP now owns 78,805 shares of the exchange traded fund’s stock worth $816,000 after acquiring an additional 76,655 shares in the last quarter.

Sprott Physical Silver Trust Trading Down 1.0 %

Shares of PSLV stock opened at $11.05 on Friday. The firm has a fifty day moving average price of $10.32 and a 200 day moving average price of $10.36. Sprott Physical Silver Trust has a 12 month low of $7.45 and a 12 month high of $11.77.

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.