Pineridge Advisors LLC Reduces Stake in iShares Silver Trust (NYSEARCA:SLV)

Pineridge Advisors LLC cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 95.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,819 shares of the exchange traded fund’s stock after selling 161,047 shares during the period. Pineridge Advisors LLC’s holdings in iShares Silver Trust were worth $206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of SLV. Vontobel Holding Ltd. raised its holdings in iShares Silver Trust by 106.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 61,402 shares of the exchange traded fund’s stock valued at $1,744,000 after buying an additional 31,601 shares during the period. ROI Financial Advisors LLC increased its position in iShares Silver Trust by 64.0% during the third quarter. ROI Financial Advisors LLC now owns 27,239 shares of the exchange traded fund’s stock valued at $774,000 after acquiring an additional 10,626 shares during the last quarter. FMR LLC raised its stake in shares of iShares Silver Trust by 46.4% in the third quarter. FMR LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $460,000 after acquiring an additional 5,135 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of iShares Silver Trust by 5.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock worth $3,879,000 after acquiring an additional 7,388 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Silver Trust by 2.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock worth $5,575,000 after purchasing an additional 3,901 shares during the period.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $29.20 on Tuesday. The firm has a market capitalization of $13.71 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1-year low of $20.11 and a 1-year high of $31.80. The company’s 50-day moving average is $27.79 and its 200 day moving average is $27.77.

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.