Proficio Capital Partners LLC Has $6.14 Million Stake in iShares Silver Trust (NYSEARCA:SLV)

Proficio Capital Partners LLC trimmed its holdings in iShares Silver Trust (NYSEARCA:SLV) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 233,360 shares of the exchange traded fund’s stock after selling 26,527 shares during the period. Proficio Capital Partners LLC’s holdings in iShares Silver Trust were worth $6,144,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Riggs Asset Managment Co. Inc. raised its position in shares of iShares Silver Trust by 4.3% in 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 buying an additional 364 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its position in shares of iShares Silver Trust by 4.6% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock valued at $223,000 after buying an additional 372 shares in the last quarter. Raymond James Trust N.A. raised its position in shares of iShares Silver Trust by 3.1% in 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 in the last quarter. Strategic Blueprint LLC raised its position in shares of iShares Silver Trust by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock valued at $252,000 after buying an additional 392 shares in the last quarter. Finally, Pathway Financial Advisers LLC raised its position in iShares Silver Trust by 8.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 5,174 shares of the exchange traded fund’s stock valued at $136,000 after purchasing an additional 400 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $30.71 on Monday. iShares Silver Trust has a one year low of $22.29 and a one year high of $31.80. The company has a market cap of $14.69 billion, a P/E ratio of -8.87 and a beta of 0.73. The firm has a 50 day simple moving average of $28.73 and a two-hundred day simple moving average of $28.37.

About iShares Silver Trust

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.