Sprott Physical Silver Trust $PSLV Shares Sold by SouthState Bank Corp

SouthState Bank Corp decreased its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 74.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,420 shares of the exchange traded fund’s stock after selling 27,255 shares during the quarter. SouthState Bank Corp’s holdings in Sprott Physical Silver Trust were worth $148,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. boosted its holdings in Sprott Physical Silver Trust by 1.8% during the third quarter. J.W. Cole Advisors Inc. now owns 136,951 shares of the exchange traded fund’s stock worth $2,150,000 after buying an additional 2,384 shares in the last quarter. Beam Wealth Advisors Inc. raised its position in shares of Sprott Physical Silver Trust by 12.9% in the third quarter. Beam Wealth Advisors Inc. now owns 92,429 shares of the exchange traded fund’s stock worth $1,451,000 after acquiring an additional 10,572 shares during the period. Money Concepts Capital Corp boosted its stake in shares of Sprott Physical Silver Trust by 0.6% during the 3rd quarter. Money Concepts Capital Corp now owns 617,409 shares of the exchange traded fund’s stock worth $9,693,000 after acquiring an additional 3,414 shares in the last quarter. Heritage Wealth Management Inc. grew its position in shares of Sprott Physical Silver Trust by 10.0% during the 3rd quarter. Heritage Wealth Management Inc. now owns 40,610 shares of the exchange traded fund’s stock valued at $638,000 after acquiring an additional 3,690 shares during the period. Finally, Foundations Investment Advisors LLC increased its stake in shares of Sprott Physical Silver Trust by 21.0% in the 3rd quarter. Foundations Investment Advisors LLC now owns 39,151 shares of the exchange traded fund’s stock valued at $615,000 after purchasing an additional 6,786 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 5.5%

NYSEARCA PSLV opened at $24.92 on Friday. The stock has a 50-day moving average of $25.56 and a 200 day moving average of $18.64. Sprott Physical Silver Trust has a twelve month low of $9.97 and a twelve month high of $38.13.

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.