Royal Fund Management LLC Has $268,000 Stock Holdings in iShares Silver Trust (NYSEARCA:SLV)

Royal Fund Management LLC trimmed its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 51.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,190 shares of the exchange traded fund’s stock after selling 10,902 shares during the period. Royal Fund Management LLC’s holdings in iShares Silver Trust were worth $268,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Sugar Maple Asset Management LLC boosted its position in shares of iShares Silver Trust by 60.9% in the fourth quarter. Sugar Maple Asset Management LLC now owns 61,464 shares of the exchange traded fund’s stock worth $1,618,000 after buying an additional 23,265 shares during the period. Koshinski Asset Management Inc. boosted its position in iShares Silver Trust by 7.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 32,287 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 2,257 shares during the period. Harbor Investment Advisory LLC grew its stake in iShares Silver Trust by 6.5% during the 4th quarter. Harbor Investment Advisory LLC now owns 29,422 shares of the exchange traded fund’s stock valued at $775,000 after acquiring an additional 1,783 shares in the last quarter. FLC Capital Advisors increased its holdings in shares of iShares Silver Trust by 51.1% in the 4th quarter. FLC Capital Advisors now owns 15,000 shares of the exchange traded fund’s stock valued at $395,000 after purchasing an additional 5,074 shares during the period. Finally, City Holding Co. increased its holdings in shares of iShares Silver Trust by 8.1% in the 4th quarter. City Holding Co. now owns 12,475 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 935 shares during the period.

iShares Silver Trust Stock Performance

SLV stock opened at $28.04 on Wednesday. The firm has a 50 day simple moving average of $27.63 and a 200 day simple moving average of $27.67. iShares Silver Trust has a 52 week low of $20.07 and a 52 week high of $31.80. The stock has a market cap of $13.16 billion, a P/E ratio of -7.01 and a beta of 0.43.

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.