Bfsg LLC Decreases Stake in iShares Silver Trust (NYSEARCA:SLV)

Bfsg LLC reduced its stake in iShares Silver Trust (NYSEARCA:SLV) by 3.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 97,916 shares of the exchange traded fund’s stock after selling 3,824 shares during the period. Bfsg LLC’s holdings in iShares Silver Trust were worth $2,133,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. VisionPoint Advisory Group LLC acquired a new position in iShares Silver Trust in the 3rd quarter worth approximately $25,000. BluePath Capital Management LLC acquired a new stake in shares of iShares Silver Trust during the 3rd quarter worth approximately $26,000. Asset Dedication LLC grew its stake in shares of iShares Silver Trust by 180.5% during the 3rd quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 928 shares during the period. Tennessee Valley Asset Management Partners acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $34,000. Finally, BKM Wealth Management LLC purchased a new position in shares of iShares Silver Trust during the 4th quarter valued at approximately $38,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA:SLV traded down $0.09 during midday trading on Wednesday, reaching $24.90. 19,651,768 shares of the company’s stock traded hands, compared to its average volume of 23,843,398. iShares Silver Trust has a 1 year low of $18.97 and a 1 year high of $27.24. The company has a market cap of $11.82 billion, a P/E ratio of -7.62 and a beta of 0.46. The company has a fifty day simple moving average of $23.02 and a two-hundred day simple moving average of $21.88.

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.