Global Retirement Partners LLC Sells 2,897 Shares of iShares Silver Trust (NYSEARCA:SLV)

Global Retirement Partners LLC reduced its stake in iShares Silver Trust (NYSEARCA:SLV) by 3.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,630 shares of the exchange traded fund’s stock after selling 2,897 shares during the period. Global Retirement Partners LLC’s holdings in iShares Silver Trust were worth $1,965,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Eagle Bay Advisors LLC bought a new position in shares of iShares Silver Trust during the fourth quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC boosted its stake in shares of iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. boosted its stake in shares of iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of iShares Silver Trust during the fourth quarter valued at approximately $29,000. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares Silver Trust during the fourth quarter valued at approximately $35,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $29.95 on Friday. The firm’s 50 day moving average price is $27.94 and its 200-day moving average price is $27.95. iShares Silver Trust has a 52-week low of $20.45 and a 52-week high of $31.80. The company has a market cap of $14.06 billion, a PE ratio of -7.01 and a beta of 0.43.

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.