Principia Wealth Advisory LLC Decreases Stake in Sprott Physical Silver Trust (NYSEARCA:PSLV)

Principia Wealth Advisory LLC cut its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 12.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,445 shares of the exchange traded fund’s stock after selling 2,835 shares during the period. Principia Wealth Advisory LLC’s holdings in Sprott Physical Silver Trust were worth $237,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of PSLV. Millstone Evans Group LLC purchased a new position in Sprott Physical Silver Trust in the fourth quarter valued at about $58,000. US Bancorp DE boosted its stake in shares of Sprott Physical Silver Trust by 21.6% during the 4th quarter. US Bancorp DE now owns 7,050 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 1,250 shares during the last quarter. Rehmann Capital Advisory Group acquired a new stake in shares of Sprott Physical Silver Trust during the fourth quarter worth approximately $100,000. Guild Investment Management Inc. bought a new stake in shares of Sprott Physical Silver Trust in the fourth quarter worth $101,000. Finally, Weitzel Financial Services Inc. acquired a new stake in Sprott Physical Silver Trust in the fourth quarter valued at $107,000.

Sprott Physical Silver Trust Price Performance

Shares of PSLV stock opened at $12.03 on Friday. The firm has a fifty day moving average of $10.99 and a two-hundred day moving average of $10.73. Sprott Physical Silver Trust has a 1-year low of $9.12 and a 1-year high of $12.11.

About Sprott Physical Silver Trust

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.