Sprott Physical Silver Trust (NYSEARCA:PSLV) Shares Sold by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC trimmed its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 48,000 shares of the exchange traded fund’s stock after selling 1,000 shares during the period. Transcend Capital Advisors LLC’s holdings in Sprott Physical Silver Trust were worth $463,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PSLV. First Horizon Advisors Inc. acquired a new stake in Sprott Physical Silver Trust in the 3rd quarter worth about $32,000. Eastern Bank purchased a new position in Sprott Physical Silver Trust in the 3rd quarter worth approximately $45,000. FNY Investment Advisers LLC purchased a new position in Sprott Physical Silver Trust in the 4th quarter worth approximately $80,000. Hara Capital LLC purchased a new position in Sprott Physical Silver Trust in the 3rd quarter worth approximately $86,000. Finally, James Hambro & Partners LLP purchased a new position in Sprott Physical Silver Trust in the 4th quarter worth approximately $106,000.

Sprott Physical Silver Trust Price Performance

PSLV opened at $11.05 on Friday. The company’s 50 day simple moving average is $10.32 and its two-hundred day simple moving average is $10.36. Sprott Physical Silver Trust has a 1-year low of $7.45 and a 1-year high of $11.77.

Sprott Physical Silver Trust 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.