Daiwa Securities Group Inc. lowered its position in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 25.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,850 shares of the exchange traded fund’s stock after selling 8,300 shares during the quarter. Daiwa Securities Group Inc.’s holdings in iShares Silver Trust were worth $541,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. VisionPoint Advisory Group LLC acquired a new position in shares of iShares Silver Trust in the 3rd quarter worth approximately $25,000. BluePath Capital Management LLC acquired a new position in iShares Silver Trust in the third quarter valued at about $26,000. Asset Dedication LLC grew its stake in iShares Silver Trust by 180.5% during the third quarter. Asset Dedication LLC now owns 1,442 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 928 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth approximately $34,000. Finally, BKM Wealth Management LLC bought a new position in shares of iShares Silver Trust in the fourth quarter valued at approximately $38,000.
iShares Silver Trust Price Performance
Shares of SLV opened at $25.06 on Friday. The company has a market capitalization of $11.89 billion, a P/E ratio of -7.62 and a beta of 0.46. iShares Silver Trust has a one year low of $18.97 and a one year high of $27.24. The business’s 50 day simple moving average is $23.11 and its 200-day simple moving average is $21.90.
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.
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