VitalStone Financial LLC Decreases Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

VitalStone Financial LLC lowered its holdings in iShares Silver Trust (NYSEARCA:SLV) by 82.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,350 shares of the exchange traded fund’s stock after selling 15,328 shares during the period. VitalStone Financial LLC’s holdings in iShares Silver Trust were worth $76,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Simplicity Wealth LLC acquired a new stake in iShares Silver Trust during the 1st quarter valued at approximately $37,183,000. Pineridge Advisors LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth $22,687,000. RIA Advisory Group LLC boosted its holdings in shares of iShares Silver Trust by 3,532.2% in the 1st quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock valued at $16,786,000 after buying an additional 717,540 shares during the period. Yong Rong HK Asset Management Ltd bought a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $10,890,000. Finally, Bleakley Financial Group LLC raised its stake in iShares Silver Trust by 27.5% during the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after acquiring an additional 397,836 shares during the period.

iShares Silver Trust Stock Down 1.6 %

SLV stock traded down $0.45 during midday trading on Friday, reaching $28.23. The company had a trading volume of 9,138,916 shares, compared to its average volume of 23,913,197. The stock has a 50 day moving average price of $27.23 and a 200 day moving average price of $24.05. The firm has a market capitalization of $13.25 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $18.97 and a fifty-two week high of $29.56.

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.