iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC trimmed its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,068 shares of the exchange traded fund’s stock after selling 1,332 shares during the quarter. Cavalier Investments LLC’s holdings in iShares Silver Trust were worth $318,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth about $25,000. Key Client Fiduciary Advisors LLC raised its position in shares of iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. increased its position in iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares during the period. Stonebridge Financial Group LLC acquired a new position in iShares Silver Trust during the fourth quarter worth approximately $29,000. Finally, Hantz Financial Services Inc. acquired a new position in iShares Silver Trust during the fourth quarter worth approximately $35,000.

iShares Silver Trust Stock Down 2.1 %

SLV opened at $28.83 on Wednesday. The firm has a market cap of $13.76 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 52 week low of $20.45 and a 52 week high of $31.80. The business’s 50 day moving average is $28.03 and its two-hundred day moving average is $28.09.

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.