K.J. Harrison & Partners Inc Sells 497,654 Shares of Sprott Physical Silver Trust $PSLV

K.J. Harrison & Partners Inc trimmed its holdings in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 69.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 215,968 shares of the exchange traded fund’s stock after selling 497,654 shares during the period. K.J. Harrison & Partners Inc’s holdings in Sprott Physical Silver Trust were worth $5,271,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in PSLV. NewEdge Advisors LLC lifted its stake in shares of Sprott Physical Silver Trust by 23.2% in the 1st quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock valued at $788,000 after purchasing an additional 12,810 shares during the last quarter. Cerity Partners LLC boosted its holdings in Sprott Physical Silver Trust by 5.2% in the second quarter. Cerity Partners LLC now owns 102,908 shares of the exchange traded fund’s stock worth $1,260,000 after purchasing an additional 5,081 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in Sprott Physical Silver Trust by 24.0% during the second quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock worth $916,000 after buying an additional 14,484 shares during the last quarter. Jane Street Group LLC increased its position in Sprott Physical Silver Trust by 163.6% during the second quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after buying an additional 3,582,153 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Sprott Physical Silver Trust by 4.7% during the second quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock worth $5,693,000 after buying an additional 20,856 shares during the last quarter.

Sprott Physical Silver Trust Stock Performance

NYSEARCA PSLV opened at $19.45 on Friday. Sprott Physical Silver Trust has a fifty-two week low of $12.31 and a fifty-two week high of $38.13. The stock’s 50-day moving average is $22.86 and its two-hundred day moving average is $25.05.

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. 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.