iShares Silver Trust $SLV Stake Lowered by Hibernia Wealth Partners LLC

Hibernia Wealth Partners LLC trimmed its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 50.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,997 shares of the exchange traded fund’s stock after selling 12,997 shares during the quarter. Hibernia Wealth Partners LLC’s holdings in iShares Silver Trust were worth $551,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Nexus Investment Management ULC grew its stake in iShares Silver Trust by 50.0% during the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 250 shares during the last quarter. Raleigh Capital Management Inc. acquired a new position in shares of iShares Silver Trust during the third quarter valued at $32,000. Hopwood Financial Services Inc. bought a new position in shares of iShares Silver Trust during the third quarter worth about $38,000. Addison Advisors LLC bought a new position in shares of iShares Silver Trust during the second quarter worth about $31,000. Finally, ORG Partners LLC grew its position in shares of iShares Silver Trust by 38.9% during the third quarter. ORG Partners LLC now owns 1,125 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 315 shares during the last quarter.

iShares Silver Trust Stock Up 2.2%

SLV stock opened at $75.94 on Friday. The stock has a market cap of $41.80 billion, a PE ratio of -8.51 and a beta of 0.38. The firm’s 50-day simple moving average is $77.54 and its 200 day simple moving average is $56.69. iShares Silver Trust has a fifty-two week low of $26.57 and a fifty-two week high of $109.83.

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. 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.