Nadler Financial Group Inc. Has $559,000 Stake in Sprott Physical Silver Trust $PSLV

Nadler Financial Group Inc. decreased its stake in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 67.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,621 shares of the exchange traded fund’s stock after selling 49,445 shares during the period. Nadler Financial Group Inc.’s holdings in Sprott Physical Silver Trust were worth $559,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Enclave Advisors LLC bought a new stake in Sprott Physical Silver Trust during the fourth quarter valued at about $4,795,000. World Investment Advisors boosted its holdings in Sprott Physical Silver Trust by 38.6% during the third quarter. World Investment Advisors now owns 771,495 shares of the exchange traded fund’s stock valued at $12,112,000 after acquiring an additional 214,997 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Sprott Physical Silver Trust by 8.0% during the third quarter. Commonwealth Equity Services LLC now owns 513,523 shares of the exchange traded fund’s stock valued at $8,062,000 after acquiring an additional 38,084 shares during the period. D.A. Davidson & CO. bought a new stake in Sprott Physical Silver Trust during the third quarter valued at about $795,000. Finally, Beaumont Financial Advisors LLC boosted its holdings in Sprott Physical Silver Trust by 24.0% during the fourth quarter. Beaumont Financial Advisors LLC now owns 134,878 shares of the exchange traded fund’s stock valued at $3,190,000 after acquiring an additional 26,125 shares during the period.

Sprott Physical Silver Trust Stock Performance

PSLV stock opened at $24.38 on Friday. Sprott Physical Silver Trust has a 52-week low of $10.72 and a 52-week high of $38.13. The company has a 50-day moving average of $25.56 and a two-hundred day moving average of $23.11.

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. 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.