iShares Silver Trust $SLV Shares Sold by Hibernia Wealth Partners LLC

Hibernia Wealth Partners LLC trimmed its holdings in iShares Silver Trust (NYSEARCA:SLV) by 50.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Nexus Investment Management ULC raised 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 valued at $32,000 after acquiring an additional 250 shares in the last quarter. Raleigh Capital Management Inc. bought a new position in shares of iShares Silver Trust in the third quarter worth $32,000. Hopwood Financial Services Inc. acquired a new position in shares of iShares Silver Trust during the third quarter valued at $38,000. Addison Advisors LLC acquired a new position in shares of iShares Silver Trust during the second quarter valued at $31,000. Finally, ORG Partners LLC raised its stake 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 valued at $48,000 after purchasing an additional 315 shares in the last quarter.

iShares Silver Trust Stock Up 2.2%

SLV stock opened at $75.94 on Friday. The company has a 50-day simple moving average of $77.54 and a 200 day simple moving average of $56.69. The company has a market capitalization of $41.80 billion, a P/E ratio of -8.51 and a beta of 0.38. 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.