Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Sold by SouthState Corp

SouthState Corp lowered its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 78.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,826 shares of the exchange traded fund’s stock after selling 140,461 shares during the period. SouthState Corp’s holdings in Sprott Physical Silver Trust were worth $406,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of PSLV. IMC Chicago LLC acquired a new position in Sprott Physical Silver Trust in the 3rd quarter worth about $11,622,000. Flow Traders U.S. LLC raised its stake in shares of Sprott Physical Silver Trust by 79.9% during the 1st quarter. Flow Traders U.S. LLC now owns 1,562,102 shares of the exchange traded fund’s stock worth $12,950,000 after buying an additional 693,988 shares during the period. Cetera Investment Advisers lifted its position in shares of Sprott Physical Silver Trust by 315.7% during the 1st quarter. Cetera Investment Advisers now owns 750,530 shares of the exchange traded fund’s stock valued at $6,222,000 after buying an additional 570,002 shares in the last quarter. International Assets Investment Management LLC grew its stake in Sprott Physical Silver Trust by 483.5% in the 3rd quarter. International Assets Investment Management LLC now owns 557,299 shares of the exchange traded fund’s stock valued at $53,330,000 after acquiring an additional 461,785 shares during the period. Finally, Jupiter Asset Management Ltd. increased its holdings in Sprott Physical Silver Trust by 7.4% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 5,295,014 shares of the exchange traded fund’s stock worth $52,579,000 after acquiring an additional 362,573 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 0.7 %

PSLV opened at $10.52 on Wednesday. The firm’s fifty day simple moving average is $10.70 and its two-hundred day simple moving average is $10.22. Sprott Physical Silver Trust has a 52-week low of $7.40 and a 52-week high of $11.77.

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.