iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Maiden Cove Capital LLC

Maiden Cove Capital LLC reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 7.7% in the 4th quarter, Holdings Channel reports. The firm owned 9,400 shares of the exchange traded fund’s stock after selling 783 shares during the quarter. Maiden Cove Capital LLC’s holdings in iShares Silver Trust were worth $248,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. United Capital Management of KS Inc. grew its holdings in iShares Silver Trust by 10.6% in the 4th quarter. United Capital Management of KS Inc. now owns 21,321 shares of the exchange traded fund’s stock valued at $561,000 after buying an additional 2,038 shares in the last quarter. Wellington Shields Capital Management LLC grew its holdings in iShares Silver Trust by 392.9% in the 4th quarter. Wellington Shields Capital Management LLC now owns 285,997 shares of the exchange traded fund’s stock valued at $7,530,000 after buying an additional 227,970 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares Silver Trust by 3.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,939,706 shares of the exchange traded fund’s stock valued at $51,072,000 after buying an additional 63,810 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in iShares Silver Trust by 9.1% in the 4th quarter. Avantax Advisory Services Inc. now owns 88,192 shares of the exchange traded fund’s stock valued at $2,322,000 after buying an additional 7,321 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in iShares Silver Trust by 25.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 35,433 shares of the exchange traded fund’s stock valued at $933,000 after buying an additional 7,158 shares in the last quarter.

iShares Silver Trust Stock Down 0.1 %

Shares of NYSEARCA:SLV opened at $30.71 on Friday. The business has a fifty day moving average of $28.65 and a two-hundred day moving average of $28.32. The stock has a market cap of $14.66 billion, a P/E ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 52-week low of $22.29 and a 52-week 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.