iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Proactive Wealth Strategies LLC

Proactive Wealth Strategies LLC reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,322 shares of the exchange traded fund’s stock after selling 1,824 shares during the period. iShares Silver Trust accounts for about 1.9% of Proactive Wealth Strategies LLC’s investment portfolio, making the stock its 11th largest position. Proactive Wealth Strategies LLC’s holdings in iShares Silver Trust were worth $3,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. purchased a new stake in iShares Silver Trust during the 4th quarter worth $57,303,000. Toronto Dominion Bank grew its stake in iShares Silver Trust by 89.2% during the 4th quarter. Toronto Dominion Bank now owns 4,321,293 shares of the exchange traded fund’s stock valued at $122,646,000 after purchasing an additional 2,037,487 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in iShares Silver Trust by 715.2% during the 4th quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock worth $55,781,000 after purchasing an additional 1,858,658 shares during the last quarter. Bank of Nova Scotia increased its stake in shares of iShares Silver Trust by 560.6% in the fourth quarter. Bank of Nova Scotia now owns 1,180,797 shares of the exchange traded fund’s stock worth $31,090,000 after buying an additional 1,002,050 shares during the last quarter. Finally, Kaydan Wealth Management Inc. bought a new position in iShares Silver Trust during the 1st quarter valued at $15,050,000.

iShares Silver Trust Stock Performance

SLV opened at $32.96 on Tuesday. iShares Silver Trust has a 1-year low of $24.25 and a 1-year high of $33.87. The company has a 50-day moving average of $30.77 and a 200-day moving average of $29.38. The company has a market capitalization of $16.67 billion, a P/E ratio of -8.51 and a beta of 0.56.

iShares Silver Trust Company 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.