M Holdings Securities Inc. Trims Holdings in iShares Silver Trust (NYSEARCA:SLV)

M Holdings Securities Inc. lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 97.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,076 shares of the exchange traded fund’s stock after selling 37,947 shares during the period. M Holdings Securities Inc.’s holdings in iShares Silver Trust were worth $28,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Prosperity Financial Group Inc. raised its stake in iShares Silver Trust by 3.6% in the fourth quarter. Prosperity Financial Group Inc. now owns 9,972 shares of the exchange traded fund’s stock valued at $263,000 after buying an additional 349 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in shares of iShares Silver Trust by 4.3% in the 4th quarter. Riggs Asset Managment Co. Inc. now owns 8,838 shares of the exchange traded fund’s stock valued at $234,000 after acquiring an additional 364 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in shares of iShares Silver Trust by 4.6% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 8,472 shares of the exchange traded fund’s stock worth $223,000 after acquiring an additional 372 shares in the last quarter. Raymond James Trust N.A. lifted its stake in iShares Silver Trust by 3.1% during the third quarter. Raymond James Trust N.A. now owns 12,881 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 383 shares during the last quarter. Finally, Strategic Blueprint LLC boosted its holdings in iShares Silver Trust by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 9,584 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 392 shares in the last quarter.

iShares Silver Trust Stock Down 1.6 %

Shares of iShares Silver Trust stock opened at $30.02 on Friday. The firm has a market capitalization of $14.36 billion, a P/E ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a 52 week low of $22.29 and a 52 week high of $31.80. The firm’s 50 day moving average is $29.05 and its two-hundred day moving average is $28.50.

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.