J.W. Cole Advisors Inc. Sells 1,691 Shares of iShares Silver Trust (NYSEARCA:SLV)

J.W. Cole Advisors Inc. lessened its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 7.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,585 shares of the exchange traded fund’s stock after selling 1,691 shares during the period. J.W. Cole Advisors Inc.’s holdings in iShares Silver Trust were worth $427,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. City State Bank grew its stake in iShares Silver Trust by 9.7% in the 4th quarter. City State Bank now owns 5,680 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 500 shares in the last quarter. Grant GrossMendelsohn LLC boosted its stake in shares of iShares Silver Trust by 4.4% in the 4th quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 505 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of iShares Silver Trust by 17.9% in the 4th quarter. Private Trust Co. NA now owns 3,893 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 591 shares in the last quarter. Keel Point LLC boosted its stake in shares of iShares Silver Trust by 0.9% in the 3rd quarter. Keel Point LLC now owns 81,194 shares of the exchange traded fund’s stock valued at $1,651,000 after purchasing an additional 732 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of iShares Silver Trust by 2.0% in the 4th quarter. Cornerstone Wealth Management LLC now owns 37,024 shares of the exchange traded fund’s stock valued at $806,000 after purchasing an additional 735 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $24.99 on Wednesday. iShares Silver Trust has a 52-week low of $18.97 and a 52-week high of $27.24. The stock has a market capitalization of $11.86 billion, a price-to-earnings ratio of -7.62 and a beta of 0.46. The company has a fifty day moving average of $23.02 and a 200-day moving average of $21.88.

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.