Cutter & CO Brokerage Inc. Trims Holdings in iShares Silver Trust (NYSEARCA:SLV)

Cutter & CO Brokerage Inc. lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 24.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 44,363 shares of the exchange traded fund’s stock after selling 14,333 shares during the period. Cutter & CO Brokerage Inc.’s holdings in iShares Silver Trust were worth $1,168,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Savant Capital LLC boosted its position in iShares Silver Trust by 26.8% during the 4th quarter. Savant Capital LLC now owns 13,245 shares of the exchange traded fund’s stock valued at $349,000 after acquiring an additional 2,803 shares in the last quarter. ROI Financial Advisors LLC boosted its position in iShares Silver Trust by 64.0% during the 3rd 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 in the last quarter. FMR LLC boosted its position in iShares Silver Trust by 46.4% during 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 in the last quarter. Rockefeller Capital Management L.P. boosted its position in iShares Silver Trust by 5.7% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 136,521 shares of the exchange traded fund’s stock valued at $3,879,000 after acquiring an additional 7,388 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of 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 worth $5,575,000 after purchasing an additional 3,901 shares in the last quarter.

iShares Silver Trust Stock Down 2.1 %

Shares of SLV opened at $28.83 on Wednesday. The business’s 50 day moving average price is $28.03 and its 200-day moving average price is $28.09. iShares Silver Trust has a 52 week low of $20.45 and a 52 week high of $31.80. The stock has a market cap of $13.76 billion, a P/E ratio of -8.33 and a beta of 0.74.

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.