Cushing Capital Partners LLC Trims Stake in iShares Silver Trust $SLV

Cushing Capital Partners LLC trimmed its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 0.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,699 shares of the exchange traded fund’s stock after selling 354 shares during the quarter. iShares Silver Trust accounts for approximately 1.7% of Cushing Capital Partners LLC’s holdings, making the stock its 16th largest position. Cushing Capital Partners LLC’s holdings in iShares Silver Trust were worth $2,024,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after acquiring an additional 1,595 shares during the last quarter. Bison Wealth LLC acquired a new position in shares of iShares Silver Trust during the 4th quarter worth about $238,000. Farther Finance Advisors LLC increased its holdings in shares of iShares Silver Trust by 33.3% during the 1st quarter. Farther Finance Advisors LLC now owns 8,463 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 2,112 shares during the last quarter. GAMMA Investing LLC purchased a new position in shares of iShares Silver Trust during the 1st quarter worth approximately $42,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in iShares Silver Trust by 21.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 214,948 shares of the exchange traded fund’s stock valued at $6,661,000 after buying an additional 37,464 shares during the period.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $48.33 on Thursday. The firm has a market capitalization of $26.45 billion, a P/E ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 12 month low of $26.19 and a 12 month high of $48.41. The company’s fifty day moving average price is $38.76 and its 200 day moving average price is $34.05.

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.