Caitlin John LLC Has $2.10 Million Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Caitlin John LLC cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 13.8% in the fourth quarter, Holdings Channel reports. The firm owned 79,608 shares of the exchange traded fund’s stock after selling 12,793 shares during the quarter. iShares Silver Trust accounts for approximately 1.4% of Caitlin John LLC’s holdings, making the stock its 15th biggest holding. Caitlin John LLC’s holdings in iShares Silver Trust were worth $2,096,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SLV. Eagle Bay Advisors LLC acquired a new position in shares of iShares Silver Trust in the 4th quarter valued at $25,000. Key Client Fiduciary Advisors LLC lifted its holdings in 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 worth $26,000 after acquiring an additional 4,825 shares in the last quarter. Spartan Fund Management Inc. acquired a new position in iShares Silver Trust in the third quarter valued at about $28,000. Jamison Private Wealth Management Inc. bought a new stake in shares of iShares Silver Trust in the third quarter worth about $31,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares Silver Trust during the fourth quarter worth about $35,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $29.35 on Thursday. The business’s 50-day simple moving average is $27.70 and its 200-day simple moving average is $27.70. iShares Silver Trust has a fifty-two week low of $20.11 and a fifty-two week high of $31.80. The stock has a market capitalization of $13.78 billion, a PE ratio of -7.01 and a beta of 0.43.

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.