Sprott Physical Silver Trust $PSLV Shares Sold by SouthState Bank Corp

SouthState Bank Corp trimmed its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 74.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,420 shares of the exchange traded fund’s stock after selling 27,255 shares during the quarter. SouthState Bank Corp’s holdings in Sprott Physical Silver Trust were worth $148,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. J.W. Cole Advisors Inc. raised its holdings in shares of Sprott Physical Silver Trust by 1.8% during the third quarter. J.W. Cole Advisors Inc. now owns 136,951 shares of the exchange traded fund’s stock valued at $2,150,000 after acquiring an additional 2,384 shares during the last quarter. Beam Wealth Advisors Inc. raised its stake in Sprott Physical Silver Trust by 12.9% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 92,429 shares of the exchange traded fund’s stock valued at $1,451,000 after purchasing an additional 10,572 shares during the last quarter. Money Concepts Capital Corp lifted its holdings in Sprott Physical Silver Trust by 0.6% in the 3rd quarter. Money Concepts Capital Corp now owns 617,409 shares of the exchange traded fund’s stock valued at $9,693,000 after purchasing an additional 3,414 shares in the last quarter. Heritage Wealth Management Inc. boosted its stake in Sprott Physical Silver Trust by 10.0% during the 3rd quarter. Heritage Wealth Management Inc. now owns 40,610 shares of the exchange traded fund’s stock worth $638,000 after purchasing an additional 3,690 shares during the last quarter. Finally, Foundations Investment Advisors LLC boosted its stake in Sprott Physical Silver Trust by 21.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 39,151 shares of the exchange traded fund’s stock worth $615,000 after purchasing an additional 6,786 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 5.5%

Shares of NYSEARCA PSLV opened at $24.92 on Friday. The firm has a 50-day simple moving average of $25.56 and a 200-day simple moving average of $18.64. Sprott Physical Silver Trust has a 52 week low of $9.97 and a 52 week high of $38.13.

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.