Evercore Wealth Management LLC cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 28.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,958 shares of the exchange traded fund’s stock after selling 15,000 shares during the period. Evercore Wealth Management LLC’s holdings in iShares Silver Trust were worth $805,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. Bleakley Financial Group LLC increased its stake in shares of iShares Silver Trust by 27.5% in the 4th quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after purchasing an additional 397,836 shares in the last quarter. Simplicity Solutions LLC lifted its stake in iShares Silver Trust by 26.2% during the fourth quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after purchasing an additional 383,336 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares Silver Trust by 27.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock worth $34,882,000 after acquiring an additional 343,004 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of iShares Silver Trust by 11.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock worth $28,288,000 after acquiring an additional 132,729 shares during the period. Finally, 1832 Asset Management L.P. increased its position in shares of iShares Silver Trust by 3.6% during the fourth quarter. 1832 Asset Management L.P. now owns 1,141,849 shares of the exchange traded fund’s stock worth $24,869,000 after acquiring an additional 39,452 shares during the period.
iShares Silver Trust Price Performance
NYSEARCA:SLV opened at $26.67 on Monday. The firm has a market capitalization of $12.52 billion, a PE ratio of -7.01 and a beta of 0.43. The business’s fifty day moving average price is $26.18 and its 200 day moving average price is $23.20. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $29.56.
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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