iShares Silver Trust $SLV Shares Sold by Scarborough Advisors LLC

Scarborough Advisors LLC cut its position in iShares Silver Trust (NYSEARCA:SLV) by 86.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,829 shares of the exchange traded fund’s stock after selling 41,865 shares during the quarter. Scarborough Advisors LLC’s holdings in iShares Silver Trust were worth $465,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $30,000. Intesa Sanpaolo Wealth Management bought a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $32,000. Rialto Wealth Management LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter worth approximately $33,000. Redwood Park Advisors LLC boosted its position in shares of iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 266 shares during the period. Finally, Sfam LLC bought a new position in iShares Silver Trust in the 4th quarter worth approximately $33,000.

iShares Silver Trust Price Performance

SLV opened at $50.78 on Monday. iShares Silver Trust has a 12 month low of $33.10 and a 12 month high of $109.83. The stock has a market cap of $27.12 billion, a P/E ratio of -8.51 and a beta of 0.49. The stock’s 50 day moving average price is $61.51 and its 200 day moving average price is $69.35.

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. 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.