Fiduciary Trust Co Lowers Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Fiduciary Trust Co cut its stake in Sprott Physical Silver Trust (NYSEARCA:PSLVFree Report) by 2.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 212,600 shares of the exchange traded fund’s stock after selling 5,000 shares during the quarter. Fiduciary Trust Co’s holdings in Sprott Physical Silver Trust were worth $2,222,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Parsons Capital Management Inc. RI lifted its holdings in shares of Sprott Physical Silver Trust by 0.3% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 348,916 shares of the exchange traded fund’s stock valued at $3,465,000 after purchasing an additional 1,000 shares during the last quarter. Capital Investment Advisors LLC raised its stake in Sprott Physical Silver Trust by 4.8% in the third quarter. Capital Investment Advisors LLC now owns 21,994 shares of the exchange traded fund’s stock valued at $230,000 after buying an additional 1,008 shares during the last quarter. Sigma Planning Corp boosted its holdings in Sprott Physical Silver Trust by 1.3% in the third quarter. Sigma Planning Corp now owns 97,404 shares of the exchange traded fund’s stock worth $1,018,000 after acquiring an additional 1,234 shares in the last quarter. Islay Capital Management LLC increased its holdings in shares of Sprott Physical Silver Trust by 2.3% during the third quarter. Islay Capital Management LLC now owns 58,924 shares of the exchange traded fund’s stock valued at $616,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Rockport Wealth LLC raised its position in shares of Sprott Physical Silver Trust by 2.0% in the 2nd quarter. Rockport Wealth LLC now owns 78,975 shares of the exchange traded fund’s stock valued at $784,000 after purchasing an additional 1,525 shares during the last quarter.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $10.32 on Friday. Sprott Physical Silver Trust has a twelve month low of $7.40 and a twelve month high of $11.77. The company’s 50 day moving average is $10.71 and its two-hundred day moving average is $10.26.

Sprott Physical Silver Trust Company 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.

See Also

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

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