Caliber Wealth Management LLC KS Cuts Position in Sprott Physical Silver Trust $PSLV

Caliber Wealth Management LLC KS trimmed its stake in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 59.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the exchange traded fund’s stock after selling 29,250 shares during the period. Caliber Wealth Management LLC KS’s holdings in Sprott Physical Silver Trust were worth $314,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Jupiter Asset Management Ltd. raised its holdings in Sprott Physical Silver Trust by 15.2% in the second quarter. Jupiter Asset Management Ltd. now owns 7,610,391 shares of the exchange traded fund’s stock worth $93,214,000 after purchasing an additional 1,002,527 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Sprott Physical Silver Trust by 163.6% in the 2nd quarter. Jane Street Group LLC now owns 5,772,074 shares of the exchange traded fund’s stock valued at $70,650,000 after buying an additional 3,582,153 shares in the last quarter. Alps Advisors Inc. grew its position in shares of Sprott Physical Silver Trust by 118.7% in the 3rd quarter. Alps Advisors Inc. now owns 3,052,702 shares of the exchange traded fund’s stock worth $47,927,000 after buying an additional 1,657,153 shares during the last quarter. Capital Wealth Alliance LLC raised its stake in shares of Sprott Physical Silver Trust by 0.5% during the 3rd quarter. Capital Wealth Alliance LLC now owns 2,462,498 shares of the exchange traded fund’s stock worth $38,662,000 after acquiring an additional 12,196 shares in the last quarter. Finally, 3EDGE Asset Management LP bought a new position in shares of Sprott Physical Silver Trust during the 3rd quarter worth approximately $34,374,000.

Sprott Physical Silver Trust Price Performance

NYSEARCA:PSLV opened at $24.92 on Monday. Sprott Physical Silver Trust has a 52 week low of $9.97 and a 52 week high of $38.13. The firm has a 50 day moving average of $25.56 and a 200 day moving average of $18.71.

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.