Lincoln Capital Corp lowered its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 40.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 97,800 shares of the exchange traded fund’s stock after selling 66,000 shares during the period. Lincoln Capital Corp’s holdings in Sprott Physical Silver Trust were worth $2,385,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new stake in Sprott Physical Silver Trust in the 4th quarter valued at $25,000. Mcguire Capital Advisors Inc. bought a new position in Sprott Physical Silver Trust during the 4th quarter worth $27,000. Purpose Unlimited Inc. bought a new position in Sprott Physical Silver Trust during the 4th quarter worth $28,000. Strategic Advocates LLC bought a new position in Sprott Physical Silver Trust during the 3rd quarter worth $29,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Sprott Physical Silver Trust during the fourth quarter worth $31,000.
Sprott Physical Silver Trust Price Performance
Shares of Sprott Physical Silver Trust stock opened at $21.00 on Monday. The firm has a 50-day moving average of $24.10 and a 200-day moving average of $25.15. Sprott Physical Silver Trust has a 52-week low of $11.91 and a 52-week high of $38.13.
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.
Recommended Stories
- Five stocks we like better than Sprott Physical Silver Trust
- 3 Inflation-Fighting Stocks Built for Higher Oil Prices
- 3 Biotech Firms With Major Potential Catalysts in the Coming Months
- Applied Materials Stock Looks Pricey—Can AI Demand Justify the Rally?
- 3 Small-Cap Stocks Getting a Russell 2000 Rebalance Boost
Receive News & Ratings for Sprott Physical Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
