EP Wealth Advisors LLC Sells 5,846 Shares of iShares Silver Trust (NYSEARCA:SLV)

EP Wealth Advisors LLC decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 7.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,229 shares of the exchange traded fund’s stock after selling 5,846 shares during the quarter. EP Wealth Advisors LLC’s holdings in iShares Silver Trust were worth $1,780,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Transcendent Capital Group LLC purchased a new position in iShares Silver Trust in the 4th quarter valued at approximately $26,000. Tennessee Valley Asset Management Partners bought a new stake in iShares Silver Trust in the fourth quarter worth $34,000. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of iShares Silver Trust in the fourth quarter valued at about $34,000. OLD Point Trust & Financial Services N A purchased a new position in shares of iShares Silver Trust in the fourth quarter valued at about $42,000. Finally, Pingora Partners LLC purchased a new position in shares of iShares Silver Trust during the fourth quarter valued at about $44,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV traded up $0.07 during midday trading on Friday, hitting $25.48. 12,442,433 shares of the company traded hands, compared to its average volume of 23,543,131. The firm has a market cap of $11.96 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $29.56. The stock has a 50-day moving average price of $27.45 and a 200 day moving average price of $24.46.

iShares Silver Trust Company 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.