Oxbow Advisors LLC Decreases Stock Holdings in iShares Silver Trust $SLV

by · The Markets Daily

Oxbow Advisors LLC lowered its holdings in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 53.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 136,303 shares of the exchange traded fund’s stock after selling 158,093 shares during the quarter. iShares Silver Trust accounts for about 0.8% of Oxbow Advisors LLC’s portfolio, making the stock its 29th largest position. Oxbow Advisors LLC’s holdings in iShares Silver Trust were worth $9,288,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Sarver Vrooman Wealth Advisors purchased a new stake in shares of iShares Silver Trust during the 4th quarter valued at about $30,000. Intesa Sanpaolo Wealth Management bought a new position in shares of iShares Silver Trust in the 4th quarter valued at about $32,000. Sfam LLC purchased a new position in iShares Silver Trust in the fourth quarter worth about $33,000. Rialto Wealth Management LLC purchased a new position in iShares Silver Trust in the fourth quarter worth about $33,000. Finally, Redwood Park Advisors LLC increased its stake in iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 266 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $55.02 on Friday. iShares Silver Trust has a 1-year low of $32.96 and a 1-year high of $109.83. The business’s 50 day moving average is $64.58 and its two-hundred day moving average is $69.99. The stock has a market capitalization of $29.39 billion, a P/E ratio of -8.51 and a beta of 0.50.

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.

Recommended Stories