Integrated Wealth Concepts LLC Sells 2,962 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Integrated Wealth Concepts LLC decreased its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 1.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 213,044 shares of the exchange traded fund’s stock after selling 2,962 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Sprott Physical Silver Trust were worth $2,226,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. bought a new position in shares of Sprott Physical Silver Trust in the 3rd quarter valued at $32,000. Eastern Bank bought a new position in Sprott Physical Silver Trust in the third quarter worth approximately $45,000. ORG Wealth Partners LLC acquired a new position in Sprott Physical Silver Trust during the 3rd quarter valued at about $70,000. Hara Capital LLC purchased a new position in shares of Sprott Physical Silver Trust during the third quarter valued at approximately $86,000. Finally, Sandy Cove Advisors LLC purchased a new stake in shares of Sprott Physical Silver Trust in the second quarter valued at about $99,000.

Sprott Physical Silver Trust Trading Down 1.1 %

Shares of Sprott Physical Silver Trust stock opened at $10.41 on Friday. Sprott Physical Silver Trust has a 12 month low of $7.40 and a 12 month high of $11.77. The business’s fifty day simple moving average is $10.68 and its 200 day simple moving average is $10.27.

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.