Seven Post Investment Office LP Lowers Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Seven Post Investment Office LP cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 50.0% during the fourth quarter, Holdings Channel reports. The firm owned 119,501 shares of the exchange traded fund’s stock after selling 119,499 shares during the quarter. iShares Silver Trust comprises about 1.2% of Seven Post Investment Office LP’s holdings, making the stock its 15th largest position. Seven Post Investment Office LP’s holdings in iShares Silver Trust were worth $3,146,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SLV. Koshinski Asset Management Inc. lifted its holdings in iShares Silver Trust by 7.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 32,287 shares of the exchange traded fund’s stock worth $850,000 after buying an additional 2,257 shares in the last quarter. Harbor Investment Advisory LLC grew its stake in shares of iShares Silver Trust by 6.5% in the fourth quarter. Harbor Investment Advisory LLC now owns 29,422 shares of the exchange traded fund’s stock worth $775,000 after acquiring an additional 1,783 shares in the last quarter. FLC Capital Advisors increased its position in shares of iShares Silver Trust by 51.1% during the fourth quarter. FLC Capital Advisors now owns 15,000 shares of the exchange traded fund’s stock worth $395,000 after acquiring an additional 5,074 shares during the period. City Holding Co. raised its stake in shares of iShares Silver Trust by 8.1% in the fourth quarter. City Holding Co. now owns 12,475 shares of the exchange traded fund’s stock valued at $328,000 after acquiring an additional 935 shares in the last quarter. Finally, RoundAngle Advisors LLC purchased a new position in iShares Silver Trust in the fourth quarter valued at $2,280,000.

iShares Silver Trust Price Performance

SLV opened at $27.61 on Tuesday. The business has a fifty day moving average price of $27.63 and a 200 day moving average price of $27.68. iShares Silver Trust has a 12 month low of $20.07 and a 12 month high of $31.80. The stock has a market capitalization of $12.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

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.