NTV Asset Management LLC Sells 38,778 Shares of iShares Silver Trust $SLV

NTV Asset Management LLC cut its position in iShares Silver Trust (NYSEARCA:SLV) by 21.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,190 shares of the exchange traded fund’s stock after selling 38,778 shares during the quarter. iShares Silver Trust accounts for about 1.0% of NTV Asset Management LLC’s portfolio, making the stock its 23rd largest holding. NTV Asset Management LLC’s holdings in iShares Silver Trust were worth $9,031,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SLV. Rialto Wealth Management LLC acquired a new position in iShares Silver Trust during the fourth quarter valued at approximately $33,000. Bangor Savings Bank acquired a new stake in shares of iShares Silver Trust in the 4th quarter valued at $38,000. American National Bank & Trust boosted its holdings in shares of iShares Silver Trust by 96.7% in the 4th quarter. American National Bank & Trust now owns 590 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 290 shares in the last quarter. Crewe Advisors LLC increased its stake in shares of iShares Silver Trust by 38.8% in the 4th quarter. Crewe Advisors LLC now owns 716 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Finally, Nexus Investment Management ULC increased its stake in shares of iShares Silver Trust by 50.0% in the 3rd quarter. Nexus Investment Management ULC now owns 750 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 250 shares during the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $65.79 on Friday. iShares Silver Trust has a 52 week low of $26.57 and a 52 week high of $109.83. The stock has a market capitalization of $37.24 billion, a P/E ratio of -8.51 and a beta of 0.38. The stock has a fifty day moving average of $74.57 and a 200-day moving average of $61.17.

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. 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.