Royal Capital Wealth Management LLC Sells 2,319 Shares of iShares Silver Trust (NYSEARCA:SLV)

Royal Capital Wealth Management LLC cut its stake in iShares Silver Trust (NYSEARCA:SLV) by 23.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,737 shares of the exchange traded fund’s stock after selling 2,319 shares during the quarter. Royal Capital Wealth Management LLC’s holdings in iShares Silver Trust were worth $204,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. McClarren Financial Advisors Inc. grew its position in shares of iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares in the last quarter. Anderson Financial Strategies LLC purchased a new stake in shares of iShares Silver Trust in the fourth quarter worth $26,000. Stonebridge Financial Group LLC bought a new stake in iShares Silver Trust during the fourth quarter valued at $29,000. Smartleaf Asset Management LLC grew its position in iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 1,115 shares in the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in iShares Silver Trust during the fourth quarter worth about $35,000.

iShares Silver Trust Stock Up 2.4%

NYSEARCA:SLV opened at $30.13 on Wednesday. The business’s 50-day moving average price is $29.65 and its two-hundred day moving average price is $28.75. iShares Silver Trust has a twelve month low of $24.25 and a twelve month high of $31.80. The stock has a market cap of $14.93 billion, a P/E ratio of -8.51 and a beta of 0.61.

iShares Silver Trust Profile

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.