Hollencrest Capital Management Sells 2,400 Shares of iShares Silver Trust (NYSEARCA:SLV)

Hollencrest Capital Management decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 21.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,710 shares of the exchange traded fund’s stock after selling 2,400 shares during the quarter. Hollencrest Capital Management’s holdings in iShares Silver Trust were worth $229,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Schaper Benz & Wise Investment Counsel Inc. WI grew its position in shares of iShares Silver Trust by 55.8% during the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 5,790 shares in the last quarter. Fisher Asset Management LLC bought a new position in shares of iShares Silver Trust during the 4th quarter worth $220,000. Bank of New York Mellon Corp grew its position in shares of iShares Silver Trust by 29.8% during the 4th quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock worth $20,015,000 after buying an additional 174,501 shares in the last quarter. Savant Capital LLC grew its position in shares of 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 worth $349,000 after buying an additional 2,803 shares in the last quarter. Finally, ROI Financial Advisors LLC grew its position in shares of iShares Silver Trust by 64.0% during the 3rd quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock worth $774,000 after buying an additional 10,626 shares in the last quarter.

iShares Silver Trust Trading Up 0.9 %

SLV opened at $30.22 on Thursday. iShares Silver Trust has a 12-month low of $22.26 and a 12-month high of $31.80. The business’s fifty day simple moving average is $28.58 and its 200-day simple moving average is $28.31. The company has a market capitalization of $14.43 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74.

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.