PSI Advisors LLC Sells 4,667 Shares of iShares Silver Trust (NYSEARCA:SLV)

PSI Advisors LLC reduced its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 62.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,838 shares of the exchange traded fund’s stock after selling 4,667 shares during the quarter. PSI Advisors LLC’s holdings in iShares Silver Trust were worth $75,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Eagle Bay Advisors LLC bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $25,000. Spartan Fund Management Inc. purchased a new stake in iShares Silver Trust in the 3rd quarter worth approximately $28,000. Jamison Private Wealth Management Inc. bought a new stake in iShares Silver Trust during the 3rd quarter worth approximately $31,000. Peoples Bank KS raised its stake in iShares Silver Trust by 334.5% during the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 970 shares during the period. Finally, Moisand Fitzgerald Tamayo LLC purchased a new position in iShares Silver Trust during the third quarter valued at approximately $40,000.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $27.20 on Wednesday. The stock has a market cap of $12.77 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $20.07 and a 1 year high of $31.80. The firm has a fifty day moving average price of $27.73 and a 200-day moving average price of $27.66.

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.

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

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