iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. lowered its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,924 shares of the exchange traded fund’s stock after selling 385 shares during the period. Wedbush Securities Inc.’s holdings in iShares Silver Trust were worth $1,367,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SLV. FMR LLC raised its position in iShares Silver Trust by 46.4% in the 3rd quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 5,135 shares during the last quarter. Walleye Capital LLC acquired a new position in iShares Silver Trust in the third quarter valued at $764,000. Wellington Management Group LLP purchased a new stake in shares of iShares Silver Trust in the third quarter valued at about $7,769,000. Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares Silver Trust during the third quarter worth about $384,000. Finally, EP Wealth Advisors LLC grew its holdings in shares of iShares Silver Trust by 3.8% during the third quarter. EP Wealth Advisors LLC now owns 81,215 shares of the exchange traded fund’s stock worth $2,307,000 after buying an additional 2,986 shares during the last quarter.

iShares Silver Trust Stock Down 6.3 %

SLV opened at $27.08 on Monday. iShares Silver Trust has a 52 week low of $23.87 and a 52 week high of $31.80. The business has a 50 day moving average price of $29.54 and a two-hundred day moving average price of $28.76. The company has a market cap of $13.34 billion, a PE ratio of -8.96 and a beta of 0.59.

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.