FineMark National Bank & Trust Lowers Holdings in iShares Silver Trust (NYSEARCA:SLV)

FineMark National Bank & Trust trimmed its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 46,962 shares of the exchange traded fund’s stock after selling 652 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares Silver Trust were worth $1,237,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SLV. Eagle Bay Advisors LLC bought a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $25,000. Key Client Fiduciary Advisors LLC boosted its stake in iShares Silver Trust by 406.5% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 4,825 shares during the last quarter. McClarren Financial Advisors Inc. increased its holdings in shares of iShares Silver Trust by 3,471.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in shares of iShares Silver Trust in the fourth quarter worth $29,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 1,115 shares in the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $30.58 on Wednesday. iShares Silver Trust has a one year low of $22.29 and a one year high of $31.80. The stock has a 50-day moving average of $29.18 and a 200 day moving average of $28.58. The company has a market capitalization of $14.63 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73.

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.