CreativeOne Wealth LLC Decreases Holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV)

CreativeOne Wealth LLC cut its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 8.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,373 shares of the exchange traded fund’s stock after selling 2,322 shares during the period. CreativeOne Wealth LLC’s holdings in Sprott Physical Silver Trust were worth $254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PSLV. Wealthcare Capital Management LLC grew its position in shares of Sprott Physical Silver Trust by 3.7% in the fourth quarter. Wealthcare Capital Management LLC now owns 4,108,300 shares of the exchange traded fund’s stock valued at $39,645,000 after purchasing an additional 148,402 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Sprott Physical Silver Trust in the 4th quarter valued at $25,348,000. Capital Wealth Alliance LLC grew its holdings in Sprott Physical Silver Trust by 6.5% in the 4th quarter. Capital Wealth Alliance LLC now owns 2,432,372 shares of the exchange traded fund’s stock valued at $23,473,000 after buying an additional 149,161 shares in the last quarter. LPL Financial LLC increased its stake in shares of Sprott Physical Silver Trust by 34.1% in the 4th quarter. LPL Financial LLC now owns 2,163,984 shares of the exchange traded fund’s stock worth $20,882,000 after acquiring an additional 549,862 shares during the last quarter. Finally, Sprott Inc. raised its holdings in shares of Sprott Physical Silver Trust by 35.5% during the 4th quarter. Sprott Inc. now owns 1,892,049 shares of the exchange traded fund’s stock worth $18,258,000 after acquiring an additional 495,791 shares during the period.

Sprott Physical Silver Trust Price Performance

Shares of PSLV opened at $10.96 on Monday. Sprott Physical Silver Trust has a 12-month low of $8.81 and a 12-month high of $11.77. The firm has a 50-day moving average price of $11.01 and a 200 day moving average price of $10.65.

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.