180 Wealth Advisors LLC Trims Position in iShares Silver Trust (NYSEARCA:SLV)

180 Wealth Advisors LLC lessened its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 5.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,067 shares of the exchange traded fund’s stock after selling 480 shares during the quarter. 180 Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $239,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $25,000. Spartan Fund Management Inc. bought a new stake in shares of iShares Silver Trust during the 3rd quarter valued at about $28,000. Jamison Private Wealth Management Inc. bought a new stake in shares of iShares Silver Trust during the 3rd quarter valued at about $31,000. Key Client Fiduciary Advisors LLC boosted its position in shares of iShares Silver Trust by 91.6% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 5,187 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 2,480 shares during the last quarter. Finally, Peoples Bank KS boosted its position in shares of iShares Silver Trust by 334.5% during the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 970 shares during the last quarter.

iShares Silver Trust Trading Up 2.8 %

Shares of SLV opened at $27.96 on Thursday. The company has a market cap of $13.12 billion, a PE ratio of -7.01 and a beta of 0.43. The stock has a 50-day moving average price of $27.68 and a 200-day moving average price of $27.66. iShares Silver Trust has a 12-month low of $20.07 and a 12-month high of $31.80.

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.