iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC cut its position in iShares Silver Trust (NYSEARCA:SLV) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 469,829 shares of the exchange traded fund’s stock after selling 43,560 shares during the quarter. iShares Silver Trust makes up 2.9% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 13th biggest holding. Kraft Davis & Associates LLC owned about 0.10% of iShares Silver Trust worth $9,787,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. City State Bank boosted its position in shares of iShares Silver Trust by 9.7% in the 4th quarter. City State Bank now owns 5,680 shares of the exchange traded fund’s stock valued at $124,000 after purchasing an additional 500 shares during the period. Grant GrossMendelsohn LLC raised its stake in iShares Silver Trust by 4.4% during the 4th quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock valued at $252,000 after acquiring an additional 505 shares during the last quarter. Toroso Investments LLC raised its stake in iShares Silver Trust by 3.7% during the 3rd quarter. Toroso Investments LLC now owns 15,305 shares of the exchange traded fund’s stock valued at $311,000 after acquiring an additional 546 shares during the last quarter. Private Trust Co. NA raised its stake in iShares Silver Trust by 17.9% during the 4th quarter. Private Trust Co. NA now owns 3,893 shares of the exchange traded fund’s stock valued at $85,000 after acquiring an additional 591 shares during the last quarter. Finally, International Assets Investment Management LLC raised its stake in iShares Silver Trust by 5.8% during the 4th quarter. International Assets Investment Management LLC now owns 10,869 shares of the exchange traded fund’s stock valued at $237,000 after acquiring an additional 591 shares during the last quarter.

iShares Silver Trust Stock Up 1.4 %

SLV traded up $0.35 on Friday, hitting $26.21. 29,297,922 shares of the company traded hands, compared to its average volume of 23,549,145. The company has a 50 day moving average of $22.84 and a 200-day moving average of $21.77. The stock has a market capitalization of $12.44 billion, a PE ratio of -7.62 and a beta of 0.46. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $27.24.

About iShares Silver Trust

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.