Brookwood Investment Group LLC decreased its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV – Free Report) by 59.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,498 shares of the exchange traded fund’s stock after selling 18,410 shares during the quarter. Brookwood Investment Group LLC’s holdings in Sprott Physical Silver Trust were worth $153,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of PSLV. Rossby Financial LCC grew its stake in shares of Sprott Physical Silver Trust by 2.2% during the first quarter. Rossby Financial LCC now owns 190,050 shares of the exchange traded fund’s stock valued at $2,110,000 after buying an additional 4,138 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of Sprott Physical Silver Trust during the first quarter valued at approximately $42,000. Mutual Advisors LLC bought a new position in Sprott Physical Silver Trust in the first quarter worth approximately $208,000. SMART Wealth LLC grew its stake in Sprott Physical Silver Trust by 0.6% in the first quarter. SMART Wealth LLC now owns 209,949 shares of the exchange traded fund’s stock worth $2,435,000 after purchasing an additional 1,190 shares in the last quarter. Finally, World Investment Advisors bought a new position in Sprott Physical Silver Trust in the first quarter worth approximately $4,193,000.
Sprott Physical Silver Trust Stock Up 1.6%
Shares of NYSEARCA PSLV opened at $15.67 on Thursday. The business has a fifty day simple moving average of $15.08 and a two-hundred day simple moving average of $13.06. Sprott Physical Silver Trust has a twelve month low of $9.60 and a twelve month high of $18.15.
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.
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