iShares Silver Trust (NYSEARCA:SLV) Holdings Decreased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 28.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,008,527 shares of the exchange traded fund’s stock after selling 409,365 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares Silver Trust were worth $26,555,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in SLV. Eagle Bay Advisors LLC acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $25,000. Key Client Fiduciary Advisors LLC grew its stake in iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. grew its stake in iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in iShares Silver Trust in the fourth quarter worth $29,000. Finally, Smartleaf Asset Management LLC lifted its stake in iShares Silver Trust by 671.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 1,115 shares during the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $29.19 on Friday. iShares Silver Trust has a one year low of $23.87 and a one year high of $31.80. The company has a 50-day simple moving average of $29.48 and a 200-day simple moving average of $28.72. The firm has a market capitalization of $14.38 billion, a P/E ratio of -8.96 and a beta of 0.59.

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.