Ehrlich Financial Group Sells 400 Shares of iShares Silver Trust (NYSEARCA:SLV)

Ehrlich Financial Group trimmed its stake in iShares Silver Trust (NYSEARCA:SLV) by 1.2% during the 4th quarter, Holdings Channel reports. The firm owned 32,784 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Ehrlich Financial Group’s holdings in iShares Silver Trust were worth $863,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Eagle Bay Advisors LLC purchased a new position in iShares Silver Trust in the 4th quarter worth approximately $25,000. Spartan Fund Management Inc. purchased a new position in iShares Silver Trust in the third quarter worth $28,000. Jamison Private Wealth Management Inc. bought a new position in iShares Silver Trust in the third quarter valued at $31,000. Key Client Fiduciary Advisors LLC raised its position in iShares Silver Trust by 91.6% during the third quarter. Key Client Fiduciary Advisors LLC now owns 5,187 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 2,480 shares in the last quarter. Finally, Peoples Bank KS lifted its stake in iShares Silver Trust by 334.5% during the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 970 shares during the last quarter.

iShares Silver Trust Stock Down 2.4 %

Shares of iShares Silver Trust stock traded down $0.65 during trading on Monday, hitting $26.96. 16,921,003 shares of the stock traded hands, compared to its average volume of 15,048,879. The stock has a market cap of $12.65 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $20.07 and a 52 week high of $31.80. The firm’s fifty day moving average is $27.79 and its 200-day moving average is $27.65.

About iShares Silver Trust

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.