CoreCap Advisors LLC Sells 20,626 Shares of iShares Silver Trust $SLV

CoreCap Advisors LLC cut its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 22.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 72,478 shares of the exchange traded fund’s stock after selling 20,626 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares Silver Trust were worth $4,669,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares during the period. Bison Wealth LLC bought a new position in iShares Silver Trust during the 4th quarter worth $238,000. Capstone Wealth Management Group LLC acquired a new position in iShares Silver Trust during the 1st quarter worth about $443,000. Schnieders Capital Management LLC. lifted its holdings in iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 1,300 shares during the period. Finally, XTX Topco Ltd bought a new stake in shares of iShares Silver Trust in the 2nd quarter valued at about $1,965,000.

iShares Silver Trust News Roundup

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Trading Up 4.4%

Shares of SLV stock opened at $63.44 on Friday. The stock has a 50-day moving average of $76.55 and a 200-day moving average of $60.18. The stock has a market cap of $34.92 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $109.83.

About iShares Silver Trust

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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