iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Maiden Cove Capital LLC

Maiden Cove Capital LLC cut its stake in iShares Silver Trust (NYSEARCA:SLV) by 7.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,400 shares of the exchange traded fund’s stock after selling 783 shares during the quarter. Maiden Cove Capital LLC’s holdings in iShares Silver Trust were worth $248,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Bank of New York Mellon Corp raised its stake in shares of 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 during the period. Fisher Asset Management LLC acquired a new position in shares of iShares Silver Trust during the 4th quarter worth approximately $220,000. Schaper Benz & Wise Investment Counsel Inc. WI raised its stake in shares of iShares Silver Trust by 55.8% during the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 16,163 shares of the exchange traded fund’s stock worth $426,000 after buying an additional 5,790 shares during the period. Savant Capital LLC raised its stake in shares of 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 buying an additional 2,803 shares during the period. Finally, FMR LLC raised its stake in shares of iShares Silver Trust by 46.4% during the 3rd quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock worth $460,000 after buying an additional 5,135 shares during the period.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $30.71 on Friday. The company has a market cap of $14.66 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. The stock has a 50 day simple moving average of $28.65 and a 200-day simple moving average of $28.32. iShares Silver Trust has a 1-year low of $22.29 and a 1-year 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.