4,626,664 Sprott Physical Silver Trust $PSLV Shares Sold by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. lessened its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 91.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 416,439 shares of the exchange traded fund’s stock after selling 4,626,664 shares during the period. Pekin Hardy Strauss Inc. owned 0.07% of Sprott Physical Silver Trust worth $8,066,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. IMC Chicago LLC increased its stake in Sprott Physical Silver Trust by 5,217.0% during the 1st quarter. IMC Chicago LLC now owns 12,853,471 shares of the exchange traded fund’s stock valued at $313,496,000 after buying an additional 12,611,729 shares during the period. Weiss Asset Management LP acquired a new stake in shares of Sprott Physical Silver Trust in the 1st quarter worth approximately $199,763,000. Kestra Advisory Services LLC lifted its stake in shares of Sprott Physical Silver Trust by 5.2% in the 1st quarter. Kestra Advisory Services LLC now owns 1,665,146 shares of the exchange traded fund’s stock worth $40,613,000 after acquiring an additional 81,917 shares during the period. WIT Partners Advisory Pte. Ltd. boosted its holdings in shares of Sprott Physical Silver Trust by 24.9% in the second quarter. WIT Partners Advisory Pte. Ltd. now owns 1,258,030 shares of the exchange traded fund’s stock valued at $23,739,000 after acquiring an additional 250,473 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its holdings in shares of Sprott Physical Silver Trust by 35.8% in the third quarter. Cyndeo Wealth Partners LLC now owns 783,096 shares of the exchange traded fund’s stock valued at $15,169,000 after acquiring an additional 206,374 shares in the last quarter.

Sprott Physical Silver Trust Trading Down 0.6%

Sprott Physical Silver Trust stock opened at $16.87 on Friday. Sprott Physical Silver Trust has a 12-month low of $15.78 and a 12-month high of $38.13. The firm has a 50 day simple moving average of $19.63 and a 200-day simple moving average of $22.76.

Sprott Physical Silver Trust Company 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. 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.