SCP Investment LP Trims Holdings in iShares Silver Trust (NYSEARCA:SLV)

SCP Investment LP reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 35.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,800 shares of the exchange traded fund’s stock after selling 7,000 shares during the quarter. SCP Investment LP’s holdings in iShares Silver Trust were worth $337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SLV. Eagle Bay Advisors LLC bought a new position in iShares Silver Trust in the 4th quarter worth approximately $25,000. McClarren Financial Advisors Inc. lifted its holdings in shares of iShares Silver Trust by 3,471.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares in the last quarter. Stonebridge Financial Group LLC bought a new position in shares of iShares Silver Trust during the fourth quarter worth $29,000. Smartleaf Asset Management LLC grew its stake in iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 1,115 shares in the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in iShares Silver Trust in the 4th quarter valued at $35,000.

iShares Silver Trust Stock Down 1.0 %

SLV opened at $31.00 on Friday. The company has a market capitalization of $14.83 billion, a PE ratio of -8.87 and a beta of 0.73. The firm has a 50-day simple moving average of $29.36 and a two-hundred day simple moving average of $28.67. iShares Silver Trust has a 52 week low of $22.63 and a 52 week high of $31.80.

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.