Apollon Wealth Management LLC Sells 87,975 Shares of Sprott Physical Silver Trust $PSLV

Apollon Wealth Management LLC cut its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 85.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 14,940 shares of the exchange traded fund’s stock after selling 87,975 shares during the quarter. Apollon Wealth Management LLC’s holdings in Sprott Physical Silver Trust were worth $364,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC purchased a new position in shares of Sprott Physical Silver Trust during the 4th quarter valued at $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of Sprott Physical Silver Trust in the fourth quarter worth $27,000. Purpose Unlimited Inc. purchased a new stake in shares of Sprott Physical Silver Trust in the fourth quarter worth $28,000. Strategic Advocates LLC purchased a new stake in shares of Sprott Physical Silver Trust in the third quarter worth $29,000. Finally, Laurel Wealth Advisors LLC bought a new stake in Sprott Physical Silver Trust during the fourth quarter valued at $31,000.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV opened at $19.45 on Monday. The stock has a 50-day moving average price of $22.86 and a 200-day moving average price of $25.08. Sprott Physical Silver Trust has a 12-month low of $12.31 and a 12-month high of $38.13.

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. 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.