Cadent Capital Advisors LLC Sells 19,672 Shares of iShares Silver Trust $SLV

Cadent Capital Advisors LLC lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 21.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,784 shares of the exchange traded fund’s stock after selling 19,672 shares during the quarter. Cadent Capital Advisors LLC’s holdings in iShares Silver Trust were worth $2,355,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of SLV. Clear Harbor Asset Management LLC grew its position in shares of iShares Silver Trust by 1.0% during the second quarter. Clear Harbor Asset Management LLC now owns 29,760 shares of the exchange traded fund’s stock valued at $976,000 after purchasing an additional 300 shares in the last quarter. Financial Management Professionals Inc. boosted its position in shares of iShares Silver Trust by 37.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 302 shares during the last quarter. Revisor Wealth Management LLC grew its holdings in shares of iShares Silver Trust by 1.7% in the second quarter. Revisor Wealth Management LLC now owns 18,013 shares of the exchange traded fund’s stock valued at $608,000 after purchasing an additional 306 shares in the last quarter. Kiley Juergens Wealth Management LLC increased its position in iShares Silver Trust by 1.9% in the first quarter. Kiley Juergens Wealth Management LLC now owns 19,193 shares of the exchange traded fund’s stock worth $595,000 after purchasing an additional 360 shares during the last quarter. Finally, Whittier Trust Co. raised its stake in iShares Silver Trust by 1.2% during the first quarter. Whittier Trust Co. now owns 30,045 shares of the exchange traded fund’s stock valued at $931,000 after purchasing an additional 361 shares in the last quarter.

iShares Silver Trust Stock Up 3.0%

SLV stock opened at $41.03 on Friday. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $41.06. The firm has a market capitalization of $22.03 billion, a P/E ratio of -8.51 and a beta of 0.59. The company has a fifty day simple moving average of $36.04 and a two-hundred day simple moving average of $32.72.

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.