Sprott Physical Silver Trust $PSLV Shares Sold by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC lowered its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 26.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 402,928 shares of the exchange traded fund’s stock after selling 142,039 shares during the period. Sprott Physical Silver Trust comprises 1.3% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 16th biggest position. Pasadena Private Wealth LLC owned approximately 0.07% of Sprott Physical Silver Trust worth $9,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Enclave Advisors LLC acquired a new stake in shares of Sprott Physical Silver Trust during the 4th quarter worth about $4,795,000. Hohimer Wealth Management LLC grew its stake in Sprott Physical Silver Trust by 1,219.2% during the 3rd quarter. Hohimer Wealth Management LLC now owns 230,449 shares of the exchange traded fund’s stock worth $3,618,000 after buying an additional 212,980 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Sprott Physical Silver Trust by 25.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 145,990 shares of the exchange traded fund’s stock worth $2,292,000 after buying an additional 30,062 shares during the last quarter. Beaumont Financial Advisors LLC grew its stake in Sprott Physical Silver Trust by 24.0% during the 4th quarter. Beaumont Financial Advisors LLC now owns 134,878 shares of the exchange traded fund’s stock worth $3,190,000 after buying an additional 26,125 shares during the last quarter. Finally, SeaCrest Wealth Management LLC grew its stake in Sprott Physical Silver Trust by 153.5% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 276,931 shares of the exchange traded fund’s stock worth $4,556,000 after buying an additional 167,697 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA:PSLV opened at $24.12 on Friday. The stock’s 50 day moving average price is $24.48 and its 200 day moving average price is $24.61. Sprott Physical Silver Trust has a 52-week low of $11.03 and a 52-week high of $38.13.

About Sprott Physical Silver Trust

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.