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

Amitell Capital Pte Ltd lowered its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 18.9% in the third quarter, HoldingsChannel.com reports. The fund owned 195,173 shares of the exchange traded fund’s stock after selling 45,507 shares during the quarter. Sprott Physical Silver Trust comprises about 1.9% of Amitell Capital Pte Ltd’s investment portfolio, making the stock its 21st biggest holding. Amitell Capital Pte Ltd’s holdings in Sprott Physical Silver Trust were worth $3,064,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. US Bancorp DE lifted its stake in shares of Sprott Physical Silver Trust by 3.3% during the 3rd quarter. US Bancorp DE now owns 18,920 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 596 shares during the period. MAI Capital Management grew its position in shares of Sprott Physical Silver Trust by 30.7% in the third quarter. MAI Capital Management now owns 10,432 shares of the exchange traded fund’s stock valued at $164,000 after purchasing an additional 2,450 shares during the period. Waddell & Associates LLC increased its stake in Sprott Physical Silver Trust by 15.9% in the third quarter. Waddell & Associates LLC now owns 354,385 shares of the exchange traded fund’s stock valued at $5,564,000 after purchasing an additional 48,577 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Sprott Physical Silver Trust by 72.2% in the third quarter. EverSource Wealth Advisors LLC now owns 76,090 shares of the exchange traded fund’s stock worth $1,195,000 after acquiring an additional 31,914 shares during the last quarter. Finally, Schulhoff & Co. Inc. raised its position in shares of Sprott Physical Silver Trust by 25.0% in the 3rd quarter. Schulhoff & Co. Inc. now owns 15,000 shares of the exchange traded fund’s stock worth $236,000 after buying an additional 3,000 shares during the period.

Sprott Physical Silver Trust Trading Up 2.1%

Shares of NYSEARCA:PSLV 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 has a 50-day simple moving average of $27.25 and a 200-day simple moving average of $19.94.

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.