Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. cut its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLVGet Rating) by 37.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,264 shares of the exchange traded fund’s stock after selling 23,648 shares during the period. Cibc World Market Inc.’s holdings in Sprott Physical Silver Trust were worth $278,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. ACG Wealth acquired a new position in Sprott Physical Silver Trust in the second quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Sprott Physical Silver Trust by 120.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,675 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 2,550 shares during the last quarter. Tradition Wealth Management LLC raised its position in Sprott Physical Silver Trust by 33.8% in the first quarter. Tradition Wealth Management LLC now owns 7,916 shares of the exchange traded fund’s stock valued at $69,000 after purchasing an additional 2,000 shares during the period. Intrua Financial LLC purchased a new stake in Sprott Physical Silver Trust in the first quarter valued at approximately $94,000. Finally, Thompson Davis & CO. Inc. purchased a new stake in Sprott Physical Silver Trust in the second quarter valued at approximately $76,000.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA PSLV opened at $7.32 on Thursday. Sprott Physical Silver Trust has a 52-week low of $6.16 and a 52-week high of $9.31. The business’s 50 day moving average is $6.86 and its two-hundred day moving average is $6.92.

Sprott Physical Silver Trust Company Profile

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Sprott Physical Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in the commodity markets. It primarily invests in physical silver bullion in London Good Delivery bar form. Sprott Physical Silver Trust was formed on June 30, 2010 and is domiciled in Canada.

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

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