Bard Associates Inc. Sells 1,437 Shares of iShares Silver Trust (NYSEARCA:SLV)

Bard Associates Inc. reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 3.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,087 shares of the exchange traded fund’s stock after selling 1,437 shares during the period. Bard Associates Inc.’s holdings in iShares Silver Trust were worth $924,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of SLV. Eagle Bay Advisors LLC acquired a new stake in iShares Silver Trust in the 4th quarter worth approximately $25,000. Key Client Fiduciary Advisors LLC boosted its stake in iShares Silver Trust by 406.5% in the 4th quarter. Key Client Fiduciary Advisors LLC now owns 6,012 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 4,825 shares in the last quarter. McClarren Financial Advisors Inc. raised its position in iShares Silver Trust by 3,471.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 972 shares during the last quarter. Stonebridge Financial Group LLC acquired a new stake in iShares Silver Trust during the 4th quarter valued at approximately $29,000. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of iShares Silver Trust by 671.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 1,115 shares during the last quarter.

iShares Silver Trust Price Performance

SLV stock opened at $28.75 on Tuesday. The firm’s fifty day simple moving average is $28.17 and its 200-day simple moving average is $28.18. The company has a market capitalization of $13.73 billion, a P/E ratio of -8.33 and a beta of 0.74. iShares Silver Trust has a 12 month low of $21.39 and a 12 month high of $31.80.

iShares Silver Trust 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.