Park Avenue Securities LLC Sells 433 Shares of iShares Silver Trust (NYSEARCA:SLV)

Park Avenue Securities LLC lessened its holdings in iShares Silver Trust (NYSEARCA:SLV) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,156 shares of the exchange traded fund’s stock after selling 433 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares Silver Trust were worth $1,084,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Ignite Planners LLC raised its holdings in iShares Silver Trust by 12.2% in the 4th quarter. Ignite Planners LLC now owns 12,925 shares of the exchange traded fund’s stock valued at $349,000 after buying an additional 1,403 shares during the last quarter. Signal Advisors Wealth LLC raised its holdings in iShares Silver Trust by 9.8% in the 4th quarter. Signal Advisors Wealth LLC now owns 14,235 shares of the exchange traded fund’s stock valued at $375,000 after buying an additional 1,273 shares during the last quarter. Grandview Asset Management LLC raised its holdings in iShares Silver Trust by 36.3% in the 4th quarter. Grandview Asset Management LLC now owns 13,177 shares of the exchange traded fund’s stock valued at $347,000 after buying an additional 3,511 shares during the last quarter. Claro Advisors LLC raised its holdings in iShares Silver Trust by 10.5% during the 4th quarter. Claro Advisors LLC now owns 8,190 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 775 shares during the last quarter. Finally, Eagle Bay Advisors LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter worth approximately $25,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $27.61 on Tuesday. The company has a market capitalization of $12.96 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52-week low of $20.07 and a 52-week high of $31.80. The company’s 50 day moving average price is $27.63 and its 200-day moving average price is $27.68.

iShares Silver Trust 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.