iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Bare Financial Services Inc

Bare Financial Services Inc cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 41.7% in the 4th quarter, Holdings Channel reports. The firm owned 2,427 shares of the exchange traded fund’s stock after selling 1,736 shares during the period. Bare Financial Services Inc’s holdings in iShares Silver Trust were worth $64,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Pettinga Financial Advisors LLC lifted its stake in iShares Silver Trust by 0.6% in the third quarter. Pettinga Financial Advisors LLC now owns 108,860 shares of the exchange traded fund’s stock valued at $3,093,000 after acquiring an additional 658 shares during the last quarter. Assetmark Inc. raised its stake in shares of iShares Silver Trust by 10.0% in the 3rd quarter. Assetmark Inc. now owns 45,110 shares of the exchange traded fund’s stock valued at $1,282,000 after buying an additional 4,102 shares in the last quarter. Atria Investments Inc grew its stake in shares of iShares Silver Trust by 114.7% in the 3rd quarter. Atria Investments Inc now owns 52,995 shares of the exchange traded fund’s stock valued at $1,506,000 after purchasing an additional 28,312 shares during the period. Jaffetilchin Investment Partners LLC grew its holdings in shares of iShares Silver Trust by 15.1% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 27,659 shares of the exchange traded fund’s stock worth $786,000 after purchasing an additional 3,623 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in shares of iShares Silver Trust by 38.7% during the third quarter. Apollon Wealth Management LLC now owns 56,241 shares of the exchange traded fund’s stock worth $1,598,000 after buying an additional 15,702 shares in the last quarter.

iShares Silver Trust Price Performance

SLV opened at $29.96 on Wednesday. The company’s 50 day simple moving average is $28.50 and its 200-day simple moving average is $28.29. The stock has a market capitalization of $14.30 billion, a P/E ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a one year low of $21.97 and a one 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.