Citadel Advisors LLC lowered its position in Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 91.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 72,308 shares of the exchange traded fund’s stock after selling 814,357 shares during the quarter. Citadel Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $1,364,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Mcguire Capital Advisors Inc. purchased a new stake in shares of Sprott Physical Silver Trust in the fourth quarter worth $27,000. Purpose Unlimited Inc. purchased a new position in Sprott Physical Silver Trust during the fourth quarter worth about $28,000. Trust Co. of Vermont bought a new position in Sprott Physical Silver Trust in the 2nd quarter worth about $39,000. Franklin Resources Inc. bought a new position in Sprott Physical Silver Trust in the 3rd quarter worth about $39,000. Finally, Root Financial Partners LLC bought a new position in Sprott Physical Silver Trust in the 1st quarter worth about $73,000.
Sprott Physical Silver Trust Stock Up 2.4%
NYSEARCA:PSLV opened at $22.06 on Thursday. The business’s 50-day moving average price is $20.30 and its two-hundred day moving average price is $22.87. Sprott Physical Silver Trust has a twelve month low of $13.92 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.
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