Robinson Value Management Ltd. Reduces Holdings in iShares Silver Trust $SLV

Robinson Value Management Ltd. decreased its position in iShares Silver Trust (NYSEARCA:SLV) by 3.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,592 shares of the exchange traded fund’s stock after selling 3,515 shares during the period. iShares Silver Trust accounts for approximately 1.8% of Robinson Value Management Ltd.’s investment portfolio, making the stock its 22nd largest position. Robinson Value Management Ltd.’s holdings in iShares Silver Trust were worth $2,940,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SLV. Brighton Jones LLC grew its stake in shares of iShares Silver Trust by 9.2% in the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after buying an additional 1,595 shares during the period. Bison Wealth LLC purchased a new stake in shares of iShares Silver Trust in the 4th quarter valued at approximately $238,000. GAMMA Investing LLC purchased a new stake in shares of iShares Silver Trust in the 1st quarter valued at approximately $42,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares Silver Trust by 21.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 214,948 shares of the exchange traded fund’s stock valued at $6,661,000 after buying an additional 37,464 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Silver Trust by 13.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 30,131 shares of the exchange traded fund’s stock valued at $934,000 after buying an additional 3,638 shares during the period.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $46.99 on Friday. The firm has a 50 day simple moving average of $39.29 and a 200-day simple moving average of $34.29. iShares Silver Trust has a 1-year low of $26.19 and a 1-year high of $49.25. The stock has a market cap of $25.72 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59.

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.