Bare Financial Services Inc Reduces Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Bare Financial Services Inc lowered its position in iShares Silver Trust (NYSEARCA:SLV) by 41.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,427 shares of the exchange traded fund’s stock after selling 1,736 shares during the quarter. Bare Financial Services Inc’s holdings in iShares Silver Trust were worth $64,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SLV. Prosperity Financial Group Inc. increased its holdings in shares of iShares Silver Trust by 3.6% in the 4th quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock valued at $263,000 after purchasing an additional 349 shares in the last quarter. Riggs Asset Managment Co. Inc. lifted its stake in shares of iShares Silver Trust by 4.3% during the fourth quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock valued at $234,000 after buying an additional 364 shares during the period. Redhawk Wealth Advisors Inc. boosted its holdings in shares of iShares Silver Trust by 4.6% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after purchasing an additional 372 shares during the last quarter. Raymond James Trust N.A. increased its stake in shares of iShares Silver Trust by 3.1% during the 3rd quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock valued at $366,000 after acquiring an additional 383 shares during the last quarter. Finally, Strategic Blueprint LLC increased its position in iShares Silver Trust by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock worth $252,000 after purchasing an additional 392 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $29.96 on Wednesday. The firm has a market capitalization of $14.30 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. The company’s 50 day moving average price is $28.50 and its 200 day moving average price is $28.29. iShares Silver Trust has a one year low of $21.97 and a one year high of $31.80.

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.