WealthTrust Asset Management LLC Has $571,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

WealthTrust Asset Management LLC trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 43.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,673 shares of the exchange traded fund’s stock after selling 16,501 shares during the period. WealthTrust Asset Management LLC’s holdings in iShares Silver Trust were worth $571,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SLV. Quadrature Capital Ltd bought a new position in iShares Silver Trust in the 3rd quarter valued at $91,122,000. Raymond James Financial Inc. acquired a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $57,303,000. Proficio Capital Partners LLC raised its stake in shares of iShares Silver Trust by 715.2% in the 4th quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after purchasing an additional 1,858,658 shares during the period. Bank of Montreal Can raised its stake in shares of iShares Silver Trust by 258.4% in the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after purchasing an additional 1,370,298 shares during the period. Finally, DRW Securities LLC increased its position in shares of iShares Silver Trust by 1,019.8% in the third quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock valued at $19,598,000 after acquiring an additional 764,813 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $30.71 on Friday. The stock’s 50-day simple moving average is $28.73 and its 200 day simple moving average is $28.35. The company has a market cap of $14.69 billion, a P/E ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 52-week low of $22.29 and a 52-week high of $31.80.

iShares Silver Trust Company 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.