Verity Asset Management Inc. Lowers Holdings in iShares Silver Trust (NYSEARCA:SLV)

Verity Asset Management Inc. decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,527 shares of the exchange traded fund’s stock after selling 3,114 shares during the quarter. Verity Asset Management Inc.’s holdings in iShares Silver Trust were worth $1,032,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Vontobel Holding Ltd. raised its holdings in iShares Silver Trust by 106.0% in 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 shares of 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 3rd 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. increased its holdings in iShares Silver Trust by 2.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock valued at $5,575,000 after purchasing an additional 3,901 shares during the last quarter.

iShares Silver Trust Stock Up 0.6 %

Shares of NYSEARCA SLV opened at $28.67 on Tuesday. iShares Silver Trust has a 52-week low of $20.11 and a 52-week high of $31.80. The business’s 50 day moving average is $27.64 and its two-hundred day moving average is $27.67. The firm has a market cap of $13.46 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

About iShares Silver Trust

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.