CoreCap Advisors LLC Has $4.67 Million Stake in iShares Silver Trust $SLV

CoreCap Advisors LLC trimmed its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 22.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,478 shares of the exchange traded fund’s stock after selling 20,626 shares during the quarter. CoreCap Advisors LLC’s holdings in iShares Silver Trust were worth $4,669,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Vantage Financial Partners LLC acquired a new position in shares of iShares Silver Trust in the 3rd quarter valued at approximately $489,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares Silver Trust by 14.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 242,573 shares of the exchange traded fund’s stock worth $10,525,000 after acquiring an additional 30,915 shares in the last quarter. D.B. Root & Company LLC acquired a new stake in shares of iShares Silver Trust during the 3rd quarter worth approximately $370,000. Envestnet Asset Management Inc. increased its stake in iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after acquiring an additional 273,913 shares during the last quarter. Finally, Adamsbrown Wealth Consultants LLC bought a new position in iShares Silver Trust in the third quarter valued at approximately $235,000.

Key iShares Silver Trust News

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Stock Performance

Shares of SLV opened at $63.44 on Friday. iShares Silver Trust has a 52-week low of $26.57 and a 52-week high of $109.83. The firm has a market cap of $34.92 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The business’s fifty day moving average is $76.55 and its 200-day moving average is $60.18.

About iShares Silver Trust

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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