Worth Asset Management LLC Sells 494 Shares of iShares Silver Trust (NYSEARCA:SLV)

Worth Asset Management LLC lowered its stake in iShares Silver Trust (NYSEARCA:SLV) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,780 shares of the exchange traded fund’s stock after selling 494 shares during the quarter. Worth Asset Management LLC’s holdings in iShares Silver Trust were worth $258,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SLV. Spartan Fund Management Inc. bought a new position in shares of iShares Silver Trust in the 3rd quarter valued at $28,000. Jamison Private Wealth Management Inc. bought a new position in iShares Silver Trust in the 3rd quarter valued at approximately $31,000. Strategic Financial Concepts LLC acquired a new stake in iShares Silver Trust during the 2nd quarter worth approximately $32,000. Key Client Fiduciary Advisors LLC grew its holdings in iShares Silver Trust by 91.6% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 5,187 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 2,480 shares during the last quarter. Finally, Peoples Bank KS increased its position in iShares Silver Trust by 334.5% in the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 970 shares during the period.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV traded up $0.04 during mid-day trading on Wednesday, reaching $27.37. 8,219,643 shares of the company’s stock were exchanged, compared to its average volume of 11,648,319. iShares Silver Trust has a twelve month low of $20.07 and a twelve month high of $31.80. The firm has a market capitalization of $12.85 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The business’s fifty day moving average price is $27.94 and its 200-day moving average price is $27.64.

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.