iShares Silver Trust $SLV Shares Sold by Cornerstone Management Inc.

Cornerstone Management Inc. decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,022 shares of the exchange traded fund’s stock after selling 454 shares during the quarter. Cornerstone Management Inc.’s holdings in iShares Silver Trust were worth $296,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Silver Trust during the first quarter worth $25,000. Highline Wealth Partners LLC acquired a new stake in shares of iShares Silver Trust during the second quarter worth $26,000. Financial Management Professionals Inc. boosted its holdings in shares of iShares Silver Trust by 37.6% during the second quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 302 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of iShares Silver Trust during the second quarter worth $38,000. Finally, GAMMA Investing LLC acquired a new stake in shares of iShares Silver Trust during the first quarter worth $42,000.

iShares Silver Trust Trading Up 0.7%

Shares of SLV opened at $44.18 on Friday. The firm has a market capitalization of $24.14 billion, a P/E ratio of -8.51 and a beta of 0.59. The stock’s fifty day simple moving average is $40.12 and its 200 day simple moving average is $34.74. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $49.25.

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.