Sprott Physical Silver Trust (NYSEARCA:PSLV) Position Trimmed by Waddell & Associates LLC

Waddell & Associates LLC lowered its position in shares of Sprott Physical Silver Trust (NYSEARCA:PSLVFree Report) by 7.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 174,431 shares of the exchange traded fund’s stock after selling 13,030 shares during the period. Waddell & Associates LLC’s holdings in Sprott Physical Silver Trust were worth $1,732,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of PSLV. Avantax Advisory Services Inc. bought a new position in shares of Sprott Physical Silver Trust during the first quarter worth about $89,000. Sandy Cove Advisors LLC bought a new position in shares of Sprott Physical Silver Trust during the second quarter worth about $99,000. ORG Partners LLC bought a new position in shares of Sprott Physical Silver Trust during the first quarter worth about $102,000. NovaPoint Capital LLC bought a new position in shares of Sprott Physical Silver Trust during the second quarter worth about $102,000. Finally, RPS Advisory Solutions LLC bought a new position in shares of Sprott Physical Silver Trust during the second quarter worth about $113,000.

Sprott Physical Silver Trust Stock Down 2.8 %

Shares of Sprott Physical Silver Trust stock traded down $0.27 during trading on Friday, hitting $9.50. 5,943,000 shares of the stock were exchanged, compared to its average volume of 4,009,708. The stock’s fifty day moving average is $9.94 and its 200 day moving average is $9.46. Sprott Physical Silver Trust has a 12 month low of $7.08 and a 12 month high of $10.88.

Sprott Physical Silver Trust Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Sprott Physical Silver Trust (NYSEARCA:PSLV)

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