Sprott Physical Silver Trust $PSLV Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC trimmed its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 66.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,693 shares of the exchange traded fund’s stock after selling 39,161 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $466,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Smith Moore & CO. lifted its position in Sprott Physical Silver Trust by 2.3% during the 4th quarter. Smith Moore & CO. now owns 118,229 shares of the exchange traded fund’s stock worth $2,796,000 after acquiring an additional 2,619 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in Sprott Physical Silver Trust by 31.4% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 53,477 shares of the exchange traded fund’s stock worth $1,265,000 after acquiring an additional 12,788 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $88,000. Diligent Investors LLC acquired a new stake in Sprott Physical Silver Trust during the 4th quarter worth approximately $212,000. Finally, Lincoln Capital Corp lifted its position in Sprott Physical Silver Trust by 152.0% during the 4th quarter. Lincoln Capital Corp now owns 163,800 shares of the exchange traded fund’s stock worth $3,874,000 after acquiring an additional 98,800 shares during the period.

Sprott Physical Silver Trust Stock Down 0.4%

Sprott Physical Silver Trust stock opened at $25.58 on Friday. Sprott Physical Silver Trust has a twelve month low of $10.72 and a twelve month high of $38.13. The stock has a 50 day moving average of $25.67 and a two-hundred day moving average of $22.79.

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.