Level Four Advisory Services LLC Trims Position in iShares Silver Trust (NYSEARCA:SLV)

Level Four Advisory Services LLC decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 18.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,312 shares of the exchange traded fund’s stock after selling 6,610 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares Silver Trust were worth $772,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Prosperity Financial Group Inc. grew its holdings in shares of iShares Silver Trust by 3.6% during the 4th quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock worth $263,000 after acquiring an additional 349 shares during the period. Banco BTG Pactual S.A. grew its stake in iShares Silver Trust by 0.3% in the fourth quarter. Banco BTG Pactual S.A. now owns 119,560 shares of the exchange traded fund’s stock worth $3,220,000 after purchasing an additional 350 shares during the period. Riggs Asset Managment Co. Inc. grew its stake in iShares Silver Trust by 4.3% in the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock worth $234,000 after purchasing an additional 364 shares during the period. Redhawk Wealth Advisors Inc. raised its holdings in iShares Silver Trust by 4.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after purchasing an additional 372 shares in the last quarter. Finally, Strategic Blueprint LLC lifted its position in iShares Silver Trust by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock valued at $252,000 after buying an additional 392 shares during the period.

iShares Silver Trust Trading Down 1.0 %

Shares of SLV stock opened at $31.00 on Monday. The company’s fifty day moving average price is $29.36 and its 200-day moving average price is $28.69. The stock has a market cap of $14.83 billion, a PE ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 12 month low of $22.63 and a 12 month 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.