Nemes Rush Group LLC Has $133,000 Holdings in iShares Silver Trust (NYSEARCA:SLV)

Nemes Rush Group LLC cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 12.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,114 shares of the exchange traded fund’s stock after selling 900 shares during the period. Nemes Rush Group LLC’s holdings in iShares Silver Trust were worth $133,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. VisionPoint Advisory Group LLC bought a new position in shares of iShares Silver Trust during the third quarter worth approximately $25,000. Asset Dedication LLC increased its holdings in shares of iShares Silver Trust by 180.5% during the third quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 928 shares during the period. Tennessee Valley Asset Management Partners bought a new position in iShares Silver Trust in the fourth quarter valued at approximately $34,000. Atlantic Edge Private Wealth Management LLC bought a new position in iShares Silver Trust in the fourth quarter valued at approximately $34,000. Finally, BKM Wealth Management LLC bought a new position in iShares Silver Trust in the fourth quarter valued at approximately $38,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV traded down $0.65 during mid-day trading on Wednesday, reaching $28.62. The stock had a trading volume of 22,785,520 shares, compared to its average volume of 24,943,822. The stock has a 50-day simple moving average of $24.83 and a two-hundred day simple moving average of $22.58. The stock has a market capitalization of $13.43 billion, a PE 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.

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.