iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Signaturefd LLC

Signaturefd LLC lessened its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 5.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,089 shares of the exchange traded fund’s stock after selling 967 shares during the quarter. Signaturefd LLC’s holdings in iShares Silver Trust were worth $499,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Smallwood Wealth Investment Management LLC acquired a new stake in iShares Silver Trust during the 1st quarter valued at $25,000. Anderson Financial Strategies LLC bought a new stake in shares of iShares Silver Trust in the fourth quarter valued at about $26,000. Ameriflex Group Inc. bought a new position in iShares Silver Trust during the fourth quarter worth about $30,000. Vermillion Wealth Management Inc. bought a new position in iShares Silver Trust during the fourth quarter worth about $31,000. Finally, Kentucky Trust Co raised its stake in shares of iShares Silver Trust by 185.7% in the first quarter. Kentucky Trust Co now owns 1,000 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 650 shares during the last quarter.

iShares Silver Trust Stock Up 0.7%

iShares Silver Trust stock opened at $34.65 on Friday. The company’s 50-day moving average price is $32.14 and its two-hundred day moving average price is $30.10. iShares Silver Trust has a twelve month low of $24.25 and a twelve month high of $35.29. The stock has a market cap of $18.17 billion, a P/E ratio of -8.51 and a beta of 0.59.

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.