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

Robinson Value Management Ltd. cut its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 35.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,259 shares of the exchange traded fund’s stock after selling 29,490 shares during the quarter. iShares Silver Trust accounts for about 1.9% of Robinson Value Management Ltd.’s holdings, making the stock its 22nd biggest holding. Robinson Value Management Ltd.’s holdings in iShares Silver Trust were worth $3,495,000 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 bought and sold shares of SLV. Inspirion Wealth Advisors LLC increased its holdings in shares of iShares Silver Trust by 2.0% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 8,426 shares of the exchange traded fund’s stock worth $543,000 after buying an additional 162 shares during the last quarter. Fiduciary Financial Group LLC lifted its holdings in shares of iShares Silver Trust by 1.0% during the 4th quarter. Fiduciary Financial Group LLC now owns 19,033 shares of the exchange traded fund’s stock worth $1,226,000 after acquiring an additional 197 shares during the last quarter. United Capital Management of KS Inc. lifted its holdings in shares of iShares Silver Trust by 3.3% during the 3rd quarter. United Capital Management of KS Inc. now owns 6,999 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 221 shares during the last quarter. JT Stratford LLC grew its position in iShares Silver Trust by 2.7% in the third quarter. JT Stratford LLC now owns 8,429 shares of the exchange traded fund’s stock worth $357,000 after acquiring an additional 225 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. grew its position in iShares Silver Trust by 2.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 11,819 shares of the exchange traded fund’s stock worth $501,000 after acquiring an additional 239 shares in the last quarter.

iShares Silver Trust Stock Up 3.6%

SLV opened at $65.21 on Thursday. The business’s fifty day simple moving average is $77.36 and its 200 day simple moving average is $60.00. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The stock has a market cap of $35.90 billion, a PE ratio of -8.51 and a beta of 0.38.

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iShares Silver Trust 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. 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.

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

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