CWA Asset Management Group LLC cut its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 111,235 shares of the exchange traded fund’s stock after selling 1,726 shares during the period. CWA Asset Management Group LLC’s holdings in iShares Silver Trust were worth $2,929,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in SLV. Spartan Fund Management Inc. bought a new position in iShares Silver Trust in the 3rd quarter valued at $28,000. Jamison Private Wealth Management Inc. purchased a new stake in shares of iShares Silver Trust during the third quarter valued at $31,000. Strategic Financial Concepts LLC bought a new position in shares of iShares Silver Trust in the second quarter worth about $32,000. Key Client Fiduciary Advisors LLC increased its stake in iShares Silver Trust by 91.6% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 5,187 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 2,480 shares during the period. Finally, Peoples Bank KS lifted its holdings in iShares Silver Trust by 334.5% during the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 970 shares in the last quarter.
iShares Silver Trust Price Performance
iShares Silver Trust stock opened at $27.24 on Tuesday. The stock has a market cap of $12.79 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The firm has a 50-day moving average of $28.02 and a two-hundred day moving average of $27.63. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80.
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.
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