iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Denver Wealth Management Inc.

Denver Wealth Management Inc. reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,428 shares of the exchange traded fund’s stock after selling 1,130 shares during the period. Denver Wealth Management Inc.’s holdings in iShares Silver Trust were worth $275,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in SLV. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth $25,000. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust during the 3rd quarter valued at $28,000. Jamison Private Wealth Management Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter valued at approximately $31,000. Peoples Bank KS lifted its stake in shares of iShares Silver Trust by 334.5% in the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 970 shares during the last quarter. Finally, Moisand Fitzgerald Tamayo LLC bought a new stake in iShares Silver Trust during the third quarter worth approximately $40,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV opened at $27.63 on Wednesday. The stock’s 50-day moving average is $27.61 and its 200-day moving average is $27.65. The company has a market cap of $12.97 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.11 and a 52-week 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.