Financial Sense Advisors Inc. Trims Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Financial Sense Advisors Inc. lowered its stake in iShares Silver Trust (NYSEARCA:SLV) by 85.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 58,217 shares of the exchange traded fund’s stock after selling 342,757 shares during the quarter. Financial Sense Advisors Inc.’s holdings in iShares Silver Trust were worth $1,533,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC raised its holdings in iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 4,825 shares during the period. McClarren Financial Advisors Inc. lifted its position in shares of iShares Silver Trust by 3,471.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 972 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $29,000. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $35,000.

iShares Silver Trust Trading Down 0.3 %

Shares of SLV opened at $29.81 on Thursday. The business’s 50 day moving average is $27.90 and its 200 day moving average is $27.93. iShares Silver Trust has a 12-month low of $20.45 and a 12-month high of $31.80. The company has a market capitalization of $13.99 billion, a PE ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

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.