iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Chesley Taft & Associates LLC

Chesley Taft & Associates LLC decreased its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 44.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,100 shares of the exchange traded fund’s stock after selling 24,815 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares Silver Trust were worth $708,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new stake in iShares Silver Trust in the third quarter valued at approximately $70,000. Trust Co. of Vermont raised its holdings in iShares Silver Trust by 88.4% during the third quarter. Trust Co. of Vermont now owns 8,525 shares of the exchange traded fund’s stock worth $173,000 after purchasing an additional 4,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in iShares Silver Trust by 11.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock worth $28,288,000 after purchasing an additional 132,729 shares in the last quarter. International Assets Investment Management LLC raised its holdings in iShares Silver Trust by 2,203.2% during the fourth quarter. International Assets Investment Management LLC now owns 236,727 shares of the exchange traded fund’s stock worth $5,156,000 after purchasing an additional 226,449 shares in the last quarter. Finally, CoreCap Advisors LLC raised its holdings in iShares Silver Trust by 74.5% during the fourth quarter. CoreCap Advisors LLC now owns 30,225 shares of the exchange traded fund’s stock worth $658,000 after purchasing an additional 12,907 shares in the last quarter.

iShares Silver Trust Trading Up 1.3 %

SLV stock opened at $26.79 on Friday. iShares Silver Trust has a twelve month low of $18.97 and a twelve month high of $29.56. The company’s 50 day moving average is $26.64 and its two-hundred day moving average is $23.64. The stock has a market cap of $12.57 billion, a P/E ratio of -7.01 and a beta of 0.43.

iShares Silver Trust Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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