Ade LLC Lowers Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Ade LLC trimmed its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 10.7% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 30,812 shares of the exchange traded fund’s stock after selling 3,711 shares during the period. Ade LLC’s holdings in Sprott Physical Silver Trust were worth $255,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in PSLV. Columbia Advisory Partners LLC lifted its stake in Sprott Physical Silver Trust by 29.3% during the first quarter. Columbia Advisory Partners LLC now owns 55,444 shares of the exchange traded fund’s stock worth $460,000 after purchasing an additional 12,553 shares in the last quarter. Sunbelt Securities Inc. lifted its stake in Sprott Physical Silver Trust by 66.0% during the first quarter. Sunbelt Securities Inc. now owns 16,600 shares of the exchange traded fund’s stock worth $138,000 after purchasing an additional 6,600 shares in the last quarter. Clarity Financial LLC acquired a new position in Sprott Physical Silver Trust during the first quarter worth $276,000. Wealth Enhancement Advisory Services LLC lifted its stake in Sprott Physical Silver Trust by 12.4% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 307,826 shares of the exchange traded fund’s stock worth $2,552,000 after purchasing an additional 33,870 shares in the last quarter. Finally, Pasadena Private Wealth LLC lifted its stake in Sprott Physical Silver Trust by 3.5% during the first quarter. Pasadena Private Wealth LLC now owns 326,213 shares of the exchange traded fund’s stock worth $2,704,000 after purchasing an additional 11,036 shares in the last quarter.

Sprott Physical Silver Trust Stock Up 0.7 %

NYSEARCA:PSLV traded up $0.07 during trading hours on Friday, reaching $9.93. 4,568,216 shares of the stock were exchanged, compared to its average volume of 3,819,517. The business has a 50-day moving average of $9.84 and a two-hundred day moving average of $8.73. Sprott Physical Silver Trust has a twelve month low of $7.08 and a twelve month high of $10.88.

Sprott Physical Silver Trust 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.