Koshinski Asset Management Inc. Sells 9,270 Shares of iShares Silver Trust $SLV

Koshinski Asset Management Inc. lowered its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 23.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,001 shares of the exchange traded fund’s stock after selling 9,270 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares Silver Trust were worth $1,933,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SLV. Brighton Jones LLC raised its position in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after acquiring an additional 1,595 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter worth approximately $238,000. Capstone Wealth Management Group LLC purchased a new stake in shares of iShares Silver Trust in the 1st quarter worth approximately $443,000. Schnieders Capital Management LLC. grew its stake in shares of iShares Silver Trust by 15.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 1,300 shares during the last quarter. Finally, First Trust Advisors LP purchased a new stake in shares of iShares Silver Trust in the 2nd quarter worth approximately $886,000.

iShares Silver Trust Stock Up 2.0%

iShares Silver Trust stock opened at $73.01 on Friday. The company has a market capitalization of $41.32 billion, a P/E ratio of -8.51 and a beta of 0.45. The stock’s 50 day moving average is $70.31 and its 200 day moving average is $65.45. iShares Silver Trust has a twelve month low of $29.09 and a twelve month high of $109.83.

Key Headlines Impacting iShares Silver Trust

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Company Profile

(Free Report)

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

Further Reading

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

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

Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.