Equinox Partners Investment Management LLC Lowers Stock Position in Sprott Physical Silver Trust $PSLV

Equinox Partners Investment Management LLC trimmed its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 38.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 912,100 shares of the exchange traded fund’s stock after selling 560,900 shares during the quarter. Sprott Physical Silver Trust accounts for 11.3% of Equinox Partners Investment Management LLC’s holdings, making the stock its 4th largest holding. Equinox Partners Investment Management LLC’s holdings in Sprott Physical Silver Trust were worth $21,571,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PSLV. ORG Wealth Partners LLC bought a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $25,000. Strategic Advocates LLC bought a new position in Sprott Physical Silver Trust in the third quarter valued at approximately $29,000. Laurel Wealth Advisors LLC bought a new position in Sprott Physical Silver Trust in the fourth quarter valued at approximately $31,000. Franklin Resources Inc. bought a new position in Sprott Physical Silver Trust in the third quarter valued at approximately $39,000. Finally, Private Trust Co. NA increased its stake in Sprott Physical Silver Trust by 218.4% in the fourth quarter. Private Trust Co. NA now owns 1,700 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 1,166 shares during the last quarter.

Sprott Physical Silver Trust Price Performance

Shares of NYSEARCA:PSLV opened at $21.47 on Thursday. The company’s 50 day simple moving average is $24.21 and its 200 day simple moving average is $25.12. Sprott Physical Silver Trust has a 1 year low of $11.91 and a 1 year 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.