iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC lowered its stake in iShares Silver Trust (NYSEARCA:SLV) by 9.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,068 shares of the exchange traded fund’s stock after selling 1,332 shares during the period. Cavalier Investments LLC’s holdings in iShares Silver Trust were worth $318,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Savant Capital LLC increased its holdings in shares of iShares Silver Trust by 26.8% in the fourth quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after purchasing an additional 2,803 shares during the period. ROI Financial Advisors LLC increased its holdings in shares of iShares Silver Trust by 64.0% in the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock valued at $774,000 after purchasing an additional 10,626 shares during the period. FMR LLC increased its holdings in shares of iShares Silver Trust by 46.4% in the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 5,135 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of iShares Silver Trust by 5.7% in the third quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock valued at $3,879,000 after buying an additional 7,388 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Silver Trust by 2.0% in the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock valued at $5,575,000 after buying an additional 3,901 shares in the last quarter.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $28.83 on Wednesday. iShares Silver Trust has a 1-year low of $20.45 and a 1-year high of $31.80. The company has a market cap of $13.76 billion, a PE ratio of -8.33 and a beta of 0.74. The stock’s 50 day moving average price is $28.03 and its 200 day moving average price is $28.09.

iShares Silver Trust 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.