Fielder Capital Group LLC Decreases Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Fielder Capital Group LLC lowered its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 0.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 584,876 shares of the exchange traded fund’s stock after selling 5,488 shares during the quarter. Sprott Physical Silver Trust accounts for approximately 1.8% of Fielder Capital Group LLC’s investment portfolio, making the stock its 16th biggest holding. Fielder Capital Group LLC owned 0.12% of Sprott Physical Silver Trust worth $5,644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. XTX Topco Ltd purchased a new position in shares of Sprott Physical Silver Trust in the 3rd quarter worth about $293,000. Stratos Wealth Partners LTD. raised its position in Sprott Physical Silver Trust by 8.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 115,222 shares of the exchange traded fund’s stock worth $1,112,000 after acquiring an additional 8,500 shares during the period. Walleye Capital LLC purchased a new position in Sprott Physical Silver Trust in the third quarter valued at about $1,086,000. Allworth Financial LP grew its position in shares of Sprott Physical Silver Trust by 3,565.3% during the 4th quarter. Allworth Financial LP now owns 78,805 shares of the exchange traded fund’s stock valued at $816,000 after acquiring an additional 76,655 shares during the period. Finally, First Horizon Advisors Inc. purchased a new stake in shares of Sprott Physical Silver Trust during the 3rd quarter worth approximately $32,000.

Sprott Physical Silver Trust Stock Down 2.0 %

NYSEARCA:PSLV opened at $10.57 on Friday. The firm’s 50 day moving average is $10.38 and its 200 day moving average is $10.40. Sprott Physical Silver Trust has a 12 month low of $7.45 and a 12 month high of $11.77.

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.