Rathbones Group PLC Sells 64,014 Shares of Sprott Physical Silver Trust $PSLV

Rathbones Group PLC lowered its position in Sprott Physical Silver Trust (NYSEARCA:PSLV) by 16.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 319,433 shares of the exchange traded fund’s stock after selling 64,014 shares during the period. Rathbones Group PLC owned 0.05% of Sprott Physical Silver Trust worth $7,555,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Creative Financial Designs Inc. ADV bought a new stake in Sprott Physical Silver Trust during the fourth quarter worth $344,000. PNC Financial Services Group Inc. increased its position in Sprott Physical Silver Trust by 9.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 132,293 shares of the exchange traded fund’s stock worth $3,129,000 after buying an additional 11,783 shares during the last quarter. Larson Financial Group LLC increased its position in Sprott Physical Silver Trust by 1.0% in the fourth quarter. Larson Financial Group LLC now owns 108,829 shares of the exchange traded fund’s stock worth $2,574,000 after buying an additional 1,029 shares during the last quarter. Csenge Advisory Group increased its position in Sprott Physical Silver Trust by 12.0% in the fourth quarter. Csenge Advisory Group now owns 27,337 shares of the exchange traded fund’s stock worth $647,000 after buying an additional 2,936 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Sprott Physical Silver Trust by 7.7% in the fourth quarter. HighTower Advisors LLC now owns 726,964 shares of the exchange traded fund’s stock worth $17,193,000 after buying an additional 52,131 shares during the last quarter.

Sprott Physical Silver Trust Trading Up 0.8%

Shares of NYSEARCA PSLV opened at $24.67 on Friday. Sprott Physical Silver Trust has a fifty-two week low of $11.01 and a fifty-two week high of $38.13. The stock has a fifty day moving average of $24.73 and a 200-day moving average of $24.32.

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.