Scotia Capital Inc. Decreases Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Scotia Capital Inc. decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 9.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,827 shares of the exchange traded fund’s stock after selling 2,871 shares during the quarter. Scotia Capital Inc.’s holdings in iShares Silver Trust were worth $628,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. VisionPoint Advisory Group LLC acquired a new stake in iShares Silver Trust during the third quarter worth $25,000. Asset Dedication LLC increased 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 acquiring an additional 928 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in iShares Silver Trust during the fourth quarter worth $34,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in iShares Silver Trust during the fourth quarter worth $34,000. Finally, BKM Wealth Management LLC acquired a new stake in iShares Silver Trust during the fourth quarter worth $38,000.

iShares Silver Trust Stock Down 3.2 %

SLV opened at $27.00 on Wednesday. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56. The business has a fifty day simple moving average of $25.89 and a 200-day simple moving average of $23.08. The firm has a market cap of $12.67 billion, a P/E ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

(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.

Further Reading

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

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