CIBC World Markets Inc. lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 11.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 58,449 shares of the exchange traded fund’s stock after selling 7,325 shares during the quarter. CIBC World Markets Inc.’s holdings in iShares Silver Trust were worth $935,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. MD Financial Management Inc. purchased a new position in shares of iShares Silver Trust in the 4th quarter valued at $34,463,000. Virtu Financial LLC grew its holdings in iShares Silver Trust by 65.8% during the 3rd quarter. Virtu Financial LLC now owns 671,638 shares of the exchange traded fund’s stock valued at $9,989,000 after purchasing an additional 266,448 shares in the last quarter. AMG National Trust Bank grew its holdings in iShares Silver Trust by 5.7% during the 3rd quarter. AMG National Trust Bank now owns 554,310 shares of the exchange traded fund’s stock valued at $8,725,000 after purchasing an additional 29,852 shares in the last quarter. Richard C. Young & CO. LTD. grew its holdings in iShares Silver Trust by 1.9% during the 3rd quarter. Richard C. Young & CO. LTD. now owns 545,534 shares of the exchange traded fund’s stock valued at $8,587,000 after purchasing an additional 9,945 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in iShares Silver Trust by 5.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 496,148 shares of the exchange traded fund’s stock valued at $7,785,000 after purchasing an additional 24,091 shares in the last quarter.

Shares of iShares Silver Trust (NYSEARCA SLV) opened at $15.65 on Wednesday. The firm has a market cap of $5,190.00 and a price-to-earnings ratio of -6.58. iShares Silver Trust has a fifty-two week low of $14.44 and a fifty-two week high of $17.59.

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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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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