SMART Wealth LLC Sells 84,014 Shares of Sprott Physical Silver Trust $PSLV

SMART Wealth LLC cut its holdings in shares of Sprott Physical Silver Trust (NYSEARCA:PSLV) by 37.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 139,768 shares of the exchange traded fund’s stock after selling 84,014 shares during the period. Sprott Physical Silver Trust accounts for approximately 1.0% of SMART Wealth LLC’s holdings, making the stock its 28th biggest holding. SMART Wealth LLC’s holdings in Sprott Physical Silver Trust were worth $3,409,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. NewEdge Advisors LLC raised its stake in shares of Sprott Physical Silver Trust by 23.2% during the first quarter. NewEdge Advisors LLC now owns 67,917 shares of the exchange traded fund’s stock worth $788,000 after buying an additional 12,810 shares during the last quarter. Cerity Partners LLC boosted its stake 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 valued at $1,260,000 after acquiring an additional 5,081 shares during the last quarter. Ausdal Financial Partners Inc. boosted its stake in Sprott Physical Silver Trust by 24.0% in the second quarter. Ausdal Financial Partners Inc. now owns 74,872 shares of the exchange traded fund’s stock valued at $916,000 after acquiring an additional 14,484 shares during the last quarter. Jane Street Group LLC grew its holdings in Sprott Physical Silver Trust by 163.6% during the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock worth $70,650,000 after acquiring an additional 3,582,153 shares during the period. Finally, Bank of America Corp DE grew its holdings in Sprott Physical Silver Trust by 4.7% during the 2nd quarter. Bank of America Corp DE now owns 465,112 shares of the exchange traded fund’s stock worth $5,693,000 after acquiring an additional 20,856 shares during the period.

Sprott Physical Silver Trust Trading Up 1.9%

Shares of Sprott Physical Silver Trust stock opened at $18.87 on Wednesday. The firm has a fifty day moving average of $23.21 and a two-hundred day moving average of $25.11. Sprott Physical Silver Trust has a 52 week low of $12.23 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.