&Partners Trims Holdings in iShares Silver Trust (NYSEARCA:SLV)

&Partners decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 51.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,103 shares of the exchange traded fund’s stock after selling 9,770 shares during the quarter. &Partners’ holdings in iShares Silver Trust were worth $207,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SLV. VisionPoint Advisory Group LLC purchased a new position in shares of iShares Silver Trust during the 3rd quarter valued at about $25,000. Transcendent Capital Group LLC purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $26,000. Tennessee Valley Asset Management Partners acquired a new position in iShares Silver Trust in the fourth quarter valued at approximately $34,000. Atlantic Edge Private Wealth Management LLC purchased a new stake in iShares Silver Trust in the 4th quarter worth approximately $34,000. Finally, BKM Wealth Management LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $38,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $27.00 on Tuesday. The company has a 50 day moving average price of $26.61 and a 200-day moving average price of $23.56. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.