Larson Financial Group LLC Sells 4,071 Shares of iShares Silver Trust (NYSEARCA:SLV)

Larson Financial Group LLC lessened its position in iShares Silver Trust (NYSEARCA:SLV) by 26.0% in the 3rd quarter, Holdings Channel reports. The firm owned 11,614 shares of the exchange traded fund’s stock after selling 4,071 shares during the period. Larson Financial Group LLC’s holdings in iShares Silver Trust were worth $330,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SLV. AlphaMark Advisors LLC increased its position in shares of iShares Silver Trust by 57.2% in the 2nd quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 372 shares in the last quarter. Spartan Fund Management Inc. acquired a new position in iShares Silver Trust in the third quarter valued at about $28,000. Triad Wealth Partners LLC bought a new stake in shares of iShares Silver Trust in the second quarter worth about $29,000. Jamison Private Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust during the third quarter worth about $31,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at about $32,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $27.80 on Wednesday. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business has a 50 day simple moving average of $28.98 and a 200 day simple moving average of $27.63. iShares Silver Trust has a 52-week low of $20.07 and a 52-week 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.