iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Benin Management CORP

Benin Management CORP cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,905 shares of the exchange traded fund’s stock after selling 800 shares during the quarter. Benin Management CORP’s holdings in iShares Silver Trust were worth $208,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SLV. Ironwood Wealth Management LLC. acquired a new position in iShares Silver Trust during the second quarter valued at $202,000. Blair William & Co. IL lifted its holdings in shares of iShares Silver Trust by 8.5% in the 2nd quarter. Blair William & Co. IL now owns 14,485 shares of the exchange traded fund’s stock valued at $385,000 after buying an additional 1,129 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of iShares Silver Trust by 28.2% in the second quarter. Thrivent Financial for Lutherans now owns 71,654 shares of the exchange traded fund’s stock worth $1,904,000 after buying an additional 15,750 shares during the last quarter. Dorsey Wright & Associates acquired a new stake in iShares Silver Trust during the second quarter worth about $2,296,000. Finally, Chicago Wealth Management Inc. acquired a new stake in iShares Silver Trust during the second quarter worth about $3,573,000.

iShares Silver Trust Trading Up 0.5 %

Shares of NYSEARCA:SLV opened at $27.91 on Friday. iShares Silver Trust has a 12-month low of $20.11 and a 12-month high of $31.80. The business has a 50 day moving average of $27.64 and a two-hundred day moving average of $27.67. The company has a market capitalization of $13.10 billion, a PE ratio of -7.01 and a beta of 0.43.

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.