Financial Sense Advisors Inc. Reduces Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Financial Sense Advisors Inc. lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 85.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,217 shares of the exchange traded fund’s stock after selling 342,757 shares during the period. Financial Sense Advisors Inc.’s holdings in iShares Silver Trust were worth $1,533,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter worth $25,000. McClarren Financial Advisors Inc. lifted its holdings in 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 during the period. Stonebridge Financial Group LLC purchased a new position in iShares Silver Trust in the fourth quarter worth about $29,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $35,000. Finally, Belmont Capital LLC grew its stake in shares of iShares Silver Trust by 53.6% during the 3rd quarter. Belmont Capital LLC now owns 1,501 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 524 shares during the period.

iShares Silver Trust Stock Down 0.3 %

Shares of NYSEARCA:SLV opened at $29.81 on Thursday. The stock has a market capitalization of $13.99 billion, a PE ratio of -7.01 and a beta of 0.43. The firm’s 50 day moving average price is $27.90 and its 200-day moving average price is $27.93. iShares Silver Trust has a twelve month low of $20.45 and a twelve month 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.