Logan Capital Management Inc. decreased its holdings in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 75.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,921 shares of the exchange traded fund’s stock after selling 5,815 shares during the period. Logan Capital Management Inc.’s holdings in iShares Silver Trust were worth $51,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. Eagle Bay Advisors LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter worth $25,000. Key Client Fiduciary Advisors LLC grew its stake in shares of iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. grew its stake in shares of iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares in the last quarter. Anderson Financial Strategies LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter worth $26,000. Finally, Stonebridge Financial Group LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter worth $29,000.
iShares Silver Trust Trading Up 1.0%
Shares of SLV stock opened at $29.93 on Wednesday. iShares Silver Trust has a 12 month low of $24.25 and a 12 month high of $31.80. The company has a market cap of $14.83 billion, a P/E ratio of -8.51 and a beta of 0.61. The firm has a fifty day moving average price of $29.69 and a 200 day moving average price of $28.78.
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.
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