Sprott Physical Silver Trust $PSLV Position Trimmed by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. trimmed its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 20.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 572,315 shares of the exchange traded fund’s stock after selling 147,767 shares during the period. Geneos Wealth Management Inc. owned 0.09% of Sprott Physical Silver Trust worth $13,959,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Jane Street Group LLC boosted its holdings in shares of Sprott Physical Silver Trust by 163.6% in the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after buying an additional 3,582,153 shares during the period. Alps Advisors Inc. raised its stake in Sprott Physical Silver Trust by 76.5% during the fourth quarter. Alps Advisors Inc. now owns 5,387,630 shares of the exchange traded fund’s stock worth $127,417,000 after acquiring an additional 2,334,928 shares during the period. Hatch Cove Capital LLC acquired a new stake in Sprott Physical Silver Trust during the fourth quarter worth about $18,705,000. Grand Central Investment Group bought a new position in Sprott Physical Silver Trust in the fourth quarter worth about $18,652,000. Finally, Federation des caisses Desjardins du Quebec lifted its holdings in Sprott Physical Silver Trust by 4.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 17,091,404 shares of the exchange traded fund’s stock worth $403,725,000 after acquiring an additional 681,981 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

Shares of PSLV stock opened at $18.53 on Thursday. The business has a 50 day moving average of $22.05 and a two-hundred day moving average of $24.88. Sprott Physical Silver Trust has a 52 week low of $12.32 and a 52 week 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.