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

NTV Asset Management LLC trimmed its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 21.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 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 makes up 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in SLV. Brighton Jones LLC increased its holdings in shares of iShares Silver Trust by 9.2% during the fourth quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after buying an additional 1,595 shares in the last quarter. Bison Wealth LLC bought a new position in shares of iShares Silver Trust in the 4th quarter valued at $238,000. Capstone Wealth Management Group LLC acquired a new stake in shares of iShares Silver Trust during the 1st quarter valued at $443,000. Schnieders Capital Management LLC. boosted its holdings in shares of iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Lido Advisors LLC grew its position in iShares Silver Trust by 15.8% during the 2nd quarter. Lido Advisors LLC now owns 38,318 shares of the exchange traded fund’s stock worth $1,257,000 after acquiring an additional 5,240 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of SLV opened at $65.79 on Friday. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83. The business has a 50-day simple moving average of $74.57 and a two-hundred day simple moving average of $61.17. The stock has a market cap of $37.24 billion, a PE ratio of -8.51 and a beta of 0.38.

About iShares Silver Trust

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.