Lansing Street Advisors Has $1.64 Million Stake in iShares Silver Trust $SLV

Lansing Street Advisors decreased its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 25.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,435 shares of the exchange traded fund’s stock after selling 8,481 shares during the quarter. Lansing Street Advisors’ holdings in iShares Silver Trust were worth $1,639,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Westside Investment Management Inc. boosted its stake in iShares Silver Trust by 23.4% in the 4th quarter. Westside Investment Management Inc. now owns 686 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 130 shares in the last quarter. Wolff Wiese Magana LLC raised its position in iShares Silver Trust by 1.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 10,112 shares of the exchange traded fund’s stock valued at $651,000 after purchasing an additional 150 shares during the last quarter. Inspirion Wealth Advisors LLC raised its position in iShares Silver Trust by 2.0% in the 4th quarter. Inspirion Wealth Advisors LLC now owns 8,426 shares of the exchange traded fund’s stock valued at $543,000 after purchasing an additional 162 shares during the last quarter. Fiduciary Financial Group LLC raised its position in iShares Silver Trust by 1.0% in the 4th quarter. Fiduciary Financial Group LLC now owns 19,033 shares of the exchange traded fund’s stock valued at $1,226,000 after purchasing an additional 197 shares during the last quarter. Finally, Foster & Motley Inc. raised its position in iShares Silver Trust by 3.4% in the 4th quarter. Foster & Motley Inc. now owns 6,055 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 200 shares during the last quarter.

Key Stories Impacting iShares Silver Trust

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iShares Silver Trust Stock Performance

Shares of SLV opened at $72.04 on Wednesday. The stock has a fifty day moving average price of $71.40 and a two-hundred day moving average price of $62.88. iShares Silver Trust has a 52-week low of $29.04 and a 52-week high of $109.83. The company has a market cap of $40.77 billion, a price-to-earnings ratio of -8.51 and a beta of 0.52.

About iShares Silver Trust

(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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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