iShares Silver Trust $SLV Stock Position Reduced by Fielder Capital Group LLC

Fielder Capital Group LLC cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 15.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,417 shares of the exchange traded fund’s stock after selling 16,757 shares during the period. iShares Silver Trust comprises approximately 1.2% of Fielder Capital Group LLC’s holdings, making the stock its 23rd largest position. Fielder Capital Group LLC’s holdings in iShares Silver Trust were worth $5,825,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vantage Financial Partners LLC bought a new stake in iShares Silver Trust in the third quarter worth approximately $489,000. D.B. Root & Company LLC bought a new stake in iShares Silver Trust in the third quarter worth approximately $370,000. Envestnet Asset Management Inc. grew its position in iShares Silver Trust by 20.0% in the third quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after acquiring an additional 273,913 shares in the last quarter. Ameliora Wealth Management Ltd. grew its position in iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock worth $5,583,000 after acquiring an additional 11,563 shares in the last quarter. Finally, WESCAP Management Group Inc. grew its position in iShares Silver Trust by 6.1% in the third quarter. WESCAP Management Group Inc. now owns 205,030 shares of the exchange traded fund’s stock worth $8,687,000 after acquiring an additional 11,875 shares in the last quarter.

iShares Silver Trust Stock Down 1.0%

SLV stock opened at $67.67 on Tuesday. The company has a market capitalization of $38.30 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. iShares Silver Trust has a 12 month low of $30.72 and a 12 month high of $109.83. The firm has a 50 day moving average of $68.61 and a two-hundred day moving average of $68.66.

iShares Silver Trust 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.