Financial Sense Advisors Inc. Sells 130,963 Shares of Sprott Physical Silver Trust (NYSEARCA:PSLV)

Financial Sense Advisors Inc. reduced its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 88.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,743 shares of the exchange traded fund’s stock after selling 130,963 shares during the period. Financial Sense Advisors Inc.’s holdings in Sprott Physical Silver Trust were worth $162,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in PSLV. U.S. Capital Wealth Advisors LLC raised its holdings in Sprott Physical Silver Trust by 2.3% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 44,856 shares of the exchange traded fund’s stock valued at $433,000 after buying an additional 1,000 shares during the period. Cobblestone Asset Management LLC raised its stake in shares of Sprott Physical Silver Trust by 1.3% in the fourth quarter. Cobblestone Asset Management LLC now owns 84,695 shares of the exchange traded fund’s stock valued at $817,000 after acquiring an additional 1,101 shares during the period. Sigma Planning Corp lifted its holdings in shares of Sprott Physical Silver Trust by 1.3% in the 3rd quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock worth $1,018,000 after acquiring an additional 1,234 shares during the last quarter. Islay Capital Management LLC boosted its stake in shares of Sprott Physical Silver Trust by 2.3% during the 3rd quarter. Islay Capital Management LLC now owns 58,924 shares of the exchange traded fund’s stock worth $616,000 after purchasing an additional 1,300 shares during the period. Finally, Veracity Capital LLC boosted its stake in shares of Sprott Physical Silver Trust by 3.6% during the 4th quarter. Veracity Capital LLC now owns 45,686 shares of the exchange traded fund’s stock worth $441,000 after purchasing an additional 1,577 shares during the period.

Sprott Physical Silver Trust Price Performance

Sprott Physical Silver Trust stock opened at $11.10 on Thursday. Sprott Physical Silver Trust has a 1-year low of $7.45 and a 1-year high of $11.77. The company’s 50-day moving average is $10.29 and its 200 day moving average is $10.34.

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.