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

Benin Management CORP lowered its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 also recently bought and sold shares of the business. Eagle Bay Advisors LLC purchased a new position in iShares Silver Trust in the 4th quarter valued at about $25,000. Key Client Fiduciary Advisors LLC raised its holdings in shares of iShares Silver Trust by 406.5% during the fourth quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 4,825 shares during the last quarter. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust in the third quarter valued at approximately $28,000. Jamison Private Wealth Management Inc. acquired a new stake in shares of iShares Silver Trust in the third quarter worth approximately $31,000. Finally, Peoples Bank KS boosted its stake in shares of iShares Silver Trust by 334.5% in the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 970 shares during the last quarter.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $27.91 on Friday. The business has a fifty day moving average price of $27.64 and a 200 day moving average price of $27.67. The company has a market cap of $13.10 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a one year low of $20.11 and a one year high of $31.80.

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.