MONECO Advisors LLC Decreases Holdings in iShares Silver Trust (NYSEARCA:SLV)

MONECO Advisors LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 85.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,283 shares of the exchange traded fund’s stock after selling 87,372 shares during the period. MONECO Advisors LLC’s holdings in iShares Silver Trust were worth $402,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new stake in iShares Silver Trust during the fourth quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC lifted its position in iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. lifted its position in iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 972 shares during the last quarter. Stonebridge Financial Group LLC purchased a new stake in iShares Silver Trust during the fourth quarter valued at approximately $29,000. Finally, Hantz Financial Services Inc. purchased a new stake in iShares Silver Trust during the fourth quarter valued at approximately $35,000.

iShares Silver Trust Stock Down 0.5 %

NYSEARCA:SLV opened at $29.44 on Tuesday. The firm has a 50 day moving average of $28.01 and a 200 day moving average of $28.06. The stock has a market capitalization of $13.82 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $20.45 and a 52 week 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.