Sprott Physical Silver Trust $PSLV Stock Sold by Forest Hill Capital LLC

Forest Hill Capital LLC decreased its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 78.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 388,000 shares of the exchange traded fund’s stock after selling 1,448,500 shares during the period. Sprott Physical Silver Trust comprises 5.3% of Forest Hill Capital LLC’s portfolio, making the stock its 6th biggest position. Forest Hill Capital LLC owned about 0.06% of Sprott Physical Silver Trust worth $7,516,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PSLV. Breakwater Capital Group bought a new stake in Sprott Physical Silver Trust during the 3rd quarter worth approximately $505,000. WIT Partners Advisory Pte. Ltd. increased its holdings in Sprott Physical Silver Trust by 24.9% during the 2nd quarter. WIT Partners Advisory Pte. Ltd. now owns 1,258,030 shares of the exchange traded fund’s stock valued at $23,739,000 after purchasing an additional 250,473 shares in the last quarter. Lincoln Capital Corp increased its holdings in Sprott Physical Silver Trust by 33.8% during the 3rd quarter. Lincoln Capital Corp now owns 130,850 shares of the exchange traded fund’s stock valued at $2,535,000 after purchasing an additional 33,050 shares in the last quarter. Cyndeo Wealth Partners LLC raised its position in Sprott Physical Silver Trust by 35.8% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 783,096 shares of the exchange traded fund’s stock valued at $15,169,000 after purchasing an additional 206,374 shares during the last quarter. Finally, Investors Asset Management of Georgia Inc. GA ADV bought a new position in Sprott Physical Silver Trust in the 3rd quarter valued at $581,000.

Sprott Physical Silver Trust Trading Up 0.5%

Shares of PSLV opened at $16.73 on Thursday. The stock has a fifty day moving average price of $19.23 and a two-hundred day moving average price of $22.47. Sprott Physical Silver Trust has a 52-week low of $15.78 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.