Great Valley Advisor Group Inc. Trims Stock Position in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Great Valley Advisor Group Inc. decreased its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 251,104 shares of the exchange traded fund’s stock after selling 12,995 shares during the period. Great Valley Advisor Group Inc. owned 0.05% of Sprott Physical Silver Trust worth $2,624,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PSLV. Jupiter Asset Management Ltd. increased its position in shares of Sprott Physical Silver Trust by 7.4% during the second quarter. Jupiter Asset Management Ltd. now owns 5,295,014 shares of the exchange traded fund’s stock worth $52,579,000 after acquiring an additional 362,573 shares during the period. Jane Street Group LLC increased its holdings in Sprott Physical Silver Trust by 5.8% during the 1st quarter. Jane Street Group LLC now owns 2,710,012 shares of the exchange traded fund’s stock worth $22,466,000 after purchasing an additional 148,378 shares during the period. Raymond James & Associates raised its position in Sprott Physical Silver Trust by 12.7% in the 3rd quarter. Raymond James & Associates now owns 2,330,012 shares of the exchange traded fund’s stock valued at $24,349,000 after purchasing an additional 263,194 shares in the last quarter. Capital Wealth Alliance LLC boosted its stake in shares of Sprott Physical Silver Trust by 4.4% in the 3rd quarter. Capital Wealth Alliance LLC now owns 2,283,211 shares of the exchange traded fund’s stock valued at $23,865,000 after buying an additional 95,988 shares during the period. Finally, Hollencrest Capital Management grew its position in shares of Sprott Physical Silver Trust by 0.4% during the third quarter. Hollencrest Capital Management now owns 1,332,195 shares of the exchange traded fund’s stock worth $13,921,000 after buying an additional 4,868 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 1.4 %

Shares of NYSEARCA:PSLV opened at $10.50 on Monday. Sprott Physical Silver Trust has a fifty-two week low of $7.40 and a fifty-two week high of $11.77. The firm’s 50 day moving average price is $10.72 and its 200 day moving average price is $10.25.

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.