Chesley Taft & Associates LLC Has $708,000 Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Chesley Taft & Associates LLC cut its position in iShares Silver Trust (NYSEARCA:SLV) by 44.4% during the 1st quarter, HoldingsChannel reports. The firm owned 31,100 shares of the exchange traded fund’s stock after selling 24,815 shares during the quarter. Chesley Taft & Associates LLC’s holdings in iShares Silver Trust were worth $708,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Orion Capital Management LLC bought a new position in iShares Silver Trust in the third quarter valued at $70,000. Trust Co. of Vermont grew its position in iShares Silver Trust by 88.4% in the third quarter. Trust Co. of Vermont now owns 8,525 shares of the exchange traded fund’s stock valued at $173,000 after purchasing an additional 4,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in iShares Silver Trust by 11.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock valued at $28,288,000 after purchasing an additional 132,729 shares in the last quarter. International Assets Investment Management LLC grew its position in iShares Silver Trust by 2,203.2% in the fourth quarter. International Assets Investment Management LLC now owns 236,727 shares of the exchange traded fund’s stock valued at $5,156,000 after purchasing an additional 226,449 shares in the last quarter. Finally, CoreCap Advisors LLC grew its position in iShares Silver Trust by 74.5% in the fourth quarter. CoreCap Advisors LLC now owns 30,225 shares of the exchange traded fund’s stock valued at $658,000 after purchasing an additional 12,907 shares in the last quarter.

iShares Silver Trust Trading Up 1.3 %

iShares Silver Trust stock opened at $26.79 on Friday. The company has a fifty day simple moving average of $26.64 and a 200 day simple moving average of $23.64. iShares Silver Trust has a 1-year low of $18.97 and a 1-year high of $29.56. The company has a market cap of $12.57 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.