iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Cadence Wealth Management LLC

Cadence Wealth Management LLC lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 18.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 622,745 shares of the exchange traded fund’s stock after selling 137,320 shares during the quarter. iShares Silver Trust makes up approximately 10.9% of Cadence Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Cadence Wealth Management LLC’s holdings in iShares Silver Trust were worth $16,397,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Prosperity Financial Group Inc. lifted its stake in shares of iShares Silver Trust by 3.6% in the 4th quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock valued at $263,000 after purchasing an additional 349 shares during the period. Riggs Asset Managment Co. Inc. lifted its stake in shares of iShares Silver Trust by 4.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock valued at $234,000 after purchasing an additional 364 shares during the period. Redhawk Wealth Advisors Inc. lifted its stake in shares of iShares Silver Trust by 4.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock valued at $223,000 after purchasing an additional 372 shares during the period. Raymond James Trust N.A. raised its stake in iShares Silver Trust by 3.1% during the 3rd quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock worth $366,000 after buying an additional 383 shares during the period. Finally, Strategic Blueprint LLC raised its stake in iShares Silver Trust by 4.3% during the 4th quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 392 shares during the period.

iShares Silver Trust Trading Up 0.3 %

Shares of iShares Silver Trust stock opened at $30.81 on Tuesday. The company has a market capitalization of $14.74 billion, a PE ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 12 month low of $22.29 and a 12 month high of $31.80. The stock’s fifty day simple moving average is $28.80 and its 200 day simple moving average is $28.39.

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.