RiverGlades Family Offices LLC cut its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 9.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,000 shares of the exchange traded fund’s stock after selling 1,500 shares during the period. RiverGlades Family Offices LLC’s holdings in iShares Silver Trust were worth $399,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at $26,000. AlphaMark Advisors LLC lifted its position in iShares Silver Trust by 57.2% in the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 372 shares during the last quarter. Triad Wealth Partners LLC purchased a new position in iShares Silver Trust during the second quarter worth about $29,000. Strategic Financial Concepts LLC purchased a new position in iShares Silver Trust during the second quarter worth about $32,000. Finally, West Oak Capital LLC increased its position in shares of iShares Silver Trust by 102.3% during the second quarter. West Oak Capital LLC now owns 1,295 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 655 shares during the last quarter.
iShares Silver Trust Stock Performance
iShares Silver Trust stock opened at $28.41 on Friday. The company has a market capitalization of $13.33 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company’s 50 day simple moving average is $26.44 and its 200-day simple moving average is $25.98. iShares Silver Trust has a 1 year low of $18.97 and a 1 year high of $29.56.
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.
Recommended Stories
- Five stocks we like better than iShares Silver Trust
- What is the S&P 500 and How It is Distinct from Other Indexes
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- Stock Dividend Cuts Happen Are You Ready?
- MarketBeat Week in Review – 9/16 – 9/20
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Don’t Miss These 3 Retail Stocks for Fall Gains
Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV – Free Report).
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.
