Intellectus Partners LLC Has $1.67 Million Stake in iShares Silver Trust (NYSEARCA:SLV)

Intellectus Partners LLC reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 63,385 shares of the exchange traded fund’s stock after selling 771 shares during the period. Intellectus Partners LLC’s holdings in iShares Silver Trust were worth $1,669,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eagle Bay Advisors LLC bought a new stake in iShares Silver Trust during the fourth quarter worth $25,000. Key Client Fiduciary Advisors LLC grew its stake in shares of iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. raised its holdings in shares of iShares Silver Trust by 3,471.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 972 shares during the last quarter. Stonebridge Financial Group LLC bought a new position in shares of iShares Silver Trust during the fourth quarter valued at about $29,000. Finally, Smartleaf Asset Management LLC boosted its holdings in iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,115 shares during the last quarter.

iShares Silver Trust Stock Performance

Shares of SLV stock opened at $29.59 on Friday. The company has a market capitalization of $14.13 billion, a price-to-earnings ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 52-week low of $21.97 and a 52-week high of $31.80. The company has a 50-day simple moving average of $28.32 and a two-hundred day simple moving average of $28.22.

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.