iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Essex Financial Services Inc.

Essex Financial Services Inc. trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.7% in the fourth quarter, Holdings Channel reports. The firm owned 32,219 shares of the exchange traded fund’s stock after selling 1,592 shares during the period. Essex Financial Services Inc.’s holdings in iShares Silver Trust were worth $848,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Violich Capital Management Inc. boosted its holdings in iShares Silver Trust by 5.6% in the 4th quarter. Violich Capital Management Inc. now owns 28,100 shares of the exchange traded fund’s stock worth $740,000 after acquiring an additional 1,500 shares during the period. Focus Financial Network Inc. boosted its stake in shares of iShares Silver Trust by 3.3% in the fourth quarter. Focus Financial Network Inc. now owns 21,120 shares of the exchange traded fund’s stock valued at $556,000 after purchasing an additional 684 shares during the period. Soltis Investment Advisors LLC grew its holdings in iShares Silver Trust by 58.5% during the 4th quarter. Soltis Investment Advisors LLC now owns 29,099 shares of the exchange traded fund’s stock valued at $766,000 after purchasing an additional 10,735 shares in the last quarter. Savant Capital LLC grew its holdings in iShares Silver Trust by 26.8% during the 4th quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 2,803 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its stake in iShares Silver Trust by 47.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 37,780 shares of the exchange traded fund’s stock worth $995,000 after buying an additional 12,147 shares during the period.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $29.34 on Thursday. The firm has a 50-day moving average of $27.82 and a two-hundred day moving average of $27.81. The stock has a market cap of $13.77 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1-year low of $20.11 and a 1-year high of $31.80.

iShares Silver Trust Profile

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.