iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Oarsman Capital Inc.

Oarsman Capital Inc. lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 10.2% during the 4th quarter, Holdings Channel reports. The firm owned 8,133 shares of the exchange traded fund’s stock after selling 927 shares during the period. Oarsman Capital Inc.’s holdings in iShares Silver Trust were worth $214,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of New York Mellon Corp lifted its holdings in iShares Silver Trust by 29.8% during the 4th quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock worth $20,015,000 after buying an additional 174,501 shares in the last quarter. Fisher Asset Management LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at $220,000. Schaper Benz & Wise Investment Counsel Inc. WI boosted its holdings in iShares Silver Trust by 55.8% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock valued at $426,000 after purchasing an additional 5,790 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in iShares Silver Trust by 15.0% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,493 shares of the exchange traded fund’s stock worth $698,000 after purchasing an additional 3,459 shares in the last quarter. Finally, Savant Capital LLC increased its holdings in iShares Silver Trust by 26.8% during the 4th quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock worth $349,000 after purchasing an additional 2,803 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV opened at $27.08 on Friday. The stock has a 50-day simple moving average of $29.54 and a 200-day simple moving average of $28.75. iShares Silver Trust has a 1 year low of $23.87 and a 1 year high of $31.80. The stock has a market capitalization of $13.34 billion, a PE ratio of -8.96 and a beta of 0.59.

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.