iShares Silver Trust $SLV Shares Sold by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 98.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,928 shares of the exchange traded fund’s stock after selling 253,345 shares during the quarter. Kaydan Wealth Management Inc.’s holdings in iShares Silver Trust were worth $253,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SLV. Salem Investment Counselors Inc. lifted its stake in iShares Silver Trust by 24.9% in the 4th quarter. Salem Investment Counselors Inc. now owns 5,770 shares of the exchange traded fund’s stock worth $372,000 after purchasing an additional 1,150 shares in the last quarter. Rialto Wealth Management LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $33,000. First Heartland Consultants Inc. grew its position in shares of iShares Silver Trust by 25.2% in the fourth quarter. First Heartland Consultants Inc. now owns 21,084 shares of the exchange traded fund’s stock valued at $1,358,000 after purchasing an additional 4,243 shares in the last quarter. Capital Asset Advisory Services LLC increased its holdings in shares of iShares Silver Trust by 4.2% in the fourth quarter. Capital Asset Advisory Services LLC now owns 8,680 shares of the exchange traded fund’s stock valued at $559,000 after purchasing an additional 347 shares during the last quarter. Finally, BOS Asset Management LLC increased its holdings in shares of iShares Silver Trust by 4.0% in the fourth quarter. BOS Asset Management LLC now owns 29,223 shares of the exchange traded fund’s stock valued at $1,883,000 after purchasing an additional 1,128 shares during the last quarter.

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iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $62.95 on Wednesday. The business’s 50 day moving average price is $77.74 and its 200 day moving average price is $59.96. The company has a market cap of $34.65 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a one year low of $26.57 and a one year high of $109.83.

iShares Silver Trust Profile

(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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