Robinson Value Management Ltd. Lowers Position in iShares Silver Trust $SLV

Robinson Value Management Ltd. trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 25.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,212 shares of the exchange traded fund’s stock after selling 14,047 shares during the period. Robinson Value Management Ltd.’s holdings in iShares Silver Trust were worth $2,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Sarver Vrooman Wealth Advisors bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $30,000. Intesa Sanpaolo Wealth Management bought a new position in shares of iShares Silver Trust during the fourth quarter valued at approximately $32,000. Sfam LLC bought a new position in shares of iShares Silver Trust during the fourth quarter valued at approximately $33,000. Rialto Wealth Management LLC purchased a new position in iShares Silver Trust during the fourth quarter valued at approximately $33,000. Finally, Redwood Park Advisors LLC increased its holdings in iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 266 shares during the period.

iShares Silver Trust Stock Down 1.8%

Shares of NYSEARCA:SLV opened at $52.21 on Thursday. The company has a market capitalization of $27.89 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49. iShares Silver Trust has a 52 week low of $33.10 and a 52 week high of $109.83. The firm has a 50 day moving average of $62.38 and a 200 day moving average of $69.60.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.