Swisher Financial Concepts Inc. Sells 16,040 Shares of iShares Silver Trust (NYSEARCA:SLV)

Swisher Financial Concepts Inc. cut its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 48.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,790 shares of the exchange traded fund’s stock after selling 16,040 shares during the quarter. Swisher Financial Concepts Inc.’s holdings in iShares Silver Trust were worth $442,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SLV. Bank of Nova Scotia boosted its holdings in shares of iShares Silver Trust by 560.6% in the 4th 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. Cerity Partners LLC lifted its stake in iShares Silver Trust by 23.7% in the fourth quarter. Cerity Partners LLC now owns 298,668 shares of the exchange traded fund’s stock valued at $7,872,000 after purchasing an additional 57,265 shares during the last quarter. Rahlfs Capital LLC bought a new position in iShares Silver Trust during the fourth quarter valued at $858,000. Perennial Investment Advisors LLC increased its position in iShares Silver Trust by 16.3% in the fourth quarter. Perennial Investment Advisors LLC now owns 41,114 shares of the exchange traded fund’s stock worth $1,083,000 after buying an additional 5,761 shares during the last quarter. Finally, ROI Financial Advisors LLC raised its stake in shares of iShares Silver Trust by 39.5% in the fourth quarter. ROI Financial Advisors LLC now owns 38,010 shares of the exchange traded fund’s stock valued at $1,001,000 after buying an additional 10,771 shares during the period.

iShares Silver Trust Trading Up 0.2 %

SLV opened at $27.14 on Tuesday. iShares Silver Trust has a 12 month low of $23.87 and a 12 month high of $31.80. The company has a 50 day moving average of $29.53 and a 200 day moving average of $28.75. The company has a market cap of $13.37 billion, a PE ratio of -8.96 and a beta of 0.59.

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.