Chicago Wealth Management Inc. Has $402,000 Stake in iShares Silver Trust (NYSEARCA:SLV)

Chicago Wealth Management Inc. trimmed its holdings in iShares Silver Trust (NYSEARCA:SLV) by 89.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,284 shares of the exchange traded fund’s stock after selling 126,048 shares during the period. Chicago Wealth Management Inc.’s holdings in iShares Silver Trust were worth $402,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Prosperity Financial Group Inc. lifted its holdings in iShares Silver Trust by 3.6% during the fourth 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 during the last quarter. Riggs Asset Managment Co. Inc. lifted its holdings 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 purchasing an additional 364 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in iShares Silver Trust by 4.6% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after buying an additional 372 shares during the last quarter. Raymond James Trust N.A. increased its holdings in iShares Silver Trust by 3.1% during the third quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock valued at $366,000 after buying an additional 383 shares during the last quarter. Finally, Strategic Blueprint LLC lifted 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 valued at $252,000 after purchasing an additional 392 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $29.96 on Wednesday. The company has a market cap of $14.30 billion, a PE ratio of -8.33 and a beta of 0.74. The stock’s 50 day simple moving average is $28.50 and its two-hundred day simple moving average is $28.29. iShares Silver Trust has a 1 year low of $21.97 and a 1 year high of $31.80.

iShares Silver Trust Company 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.