iShares Silver Trust (NYSEARCA:SLV) Stock Position Lowered by Cerity Partners LLC

Cerity Partners LLC lessened its position in iShares Silver Trust (NYSEARCA:SLV) by 73.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 200,363 shares of the exchange traded fund’s stock after selling 557,205 shares during the quarter. Cerity Partners LLC’s holdings in iShares Silver Trust were worth $4,364,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SLV. VisionPoint Advisory Group LLC bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth $25,000. BluePath Capital Management LLC acquired a new position in shares of iShares Silver Trust in the 3rd quarter worth $26,000. Resurgent Financial Advisors LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter worth $26,000. Covestor Ltd acquired a new position in shares of iShares Silver Trust in the 1st quarter worth $28,000. Finally, Cornerstone Planning Group LLC acquired a new position in shares of iShares Silver Trust in the 2nd quarter worth $28,000.

iShares Silver Trust Stock Down 2.3 %

Shares of NYSEARCA SLV opened at $25.80 on Wednesday. The stock has a market capitalization of $12.24 billion, a price-to-earnings ratio of -7.62 and a beta of 0.46. The stock’s fifty day simple moving average is $22.52 and its 200 day simple moving average is $21.66. iShares Silver Trust has a 52-week low of $18.97 and a 52-week high of $27.24.

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.