J.W. Cole Advisors Inc. Trims Stock Position in iShares Silver Trust (NYSEARCA:SLV)

J.W. Cole Advisors Inc. decreased its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,593 shares of the exchange traded fund’s stock after selling 7,884 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Silver Trust were worth $1,464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in iShares Silver Trust in the 4th quarter valued at $25,000. Spartan Fund Management Inc. purchased a new stake in iShares Silver Trust in the 3rd quarter valued at $28,000. McClarren Financial Advisors Inc. raised its position in iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in iShares Silver Trust in the 4th quarter valued at $29,000. Finally, Hantz Financial Services Inc. purchased a new stake in iShares Silver Trust in the 4th quarter valued at $35,000.

iShares Silver Trust Price Performance

SLV stock opened at $29.31 on Tuesday. The company has a fifty day moving average price of $27.87 and a 200 day moving average price of $27.89. iShares Silver Trust has a 12 month low of $20.45 and a 12 month high of $31.80. The company has a market cap of $13.76 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

(Free Report)

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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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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