Cavalier Investments LLC Has $633,000 Stock Holdings in iShares Silver Trust $SLV

Cavalier Investments LLC trimmed its holdings in iShares Silver Trust (NYSEARCA:SLV) by 95.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,846 shares of the exchange traded fund’s stock after selling 261,426 shares during the period. Cavalier Investments LLC’s holdings in iShares Silver Trust were worth $633,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of SLV. SouthState Bank Corp boosted its holdings in iShares Silver Trust by 29.6% in the fourth quarter. SouthState Bank Corp now owns 648 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 148 shares in the last quarter. Swisher Financial Concepts Inc. increased its position in iShares Silver Trust by 0.8% during the first quarter. Swisher Financial Concepts Inc. now owns 17,731 shares of the exchange traded fund’s stock worth $1,208,000 after buying an additional 148 shares during the last quarter. Financial Designs Corp raised its holdings in iShares Silver Trust by 1.5% during the first quarter. Financial Designs Corp now owns 10,244 shares of the exchange traded fund’s stock valued at $698,000 after buying an additional 149 shares in the last quarter. Graney & King LLC raised its holdings in iShares Silver Trust by 17.7% during the first quarter. Graney & King LLC now owns 1,005 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 151 shares in the last quarter. Finally, Wesbanco Bank Inc. raised its holdings in iShares Silver Trust by 1.2% during the fourth quarter. Wesbanco Bank Inc. now owns 12,421 shares of the exchange traded fund’s stock valued at $800,000 after buying an additional 152 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA:SLV opened at $60.13 on Tuesday. The stock has a market capitalization of $32.12 billion, a P/E ratio of -8.51 and a beta of 0.50. The business has a 50-day moving average of $55.56 and a two-hundred day moving average of $64.48. iShares Silver Trust has a fifty-two week low of $35.32 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.