Whittier Trust Co. Reduces Holdings in iShares Silver Trust (NYSEARCA:SLV)

Whittier Trust Co. reduced its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 29,684 shares of the exchange traded fund’s stock after selling 1,466 shares during the period. Whittier Trust Co.’s holdings in iShares Silver Trust were worth $781,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SLV. Empowered Funds LLC purchased a new stake in shares of iShares Silver Trust during the third quarter worth about $822,000. Thrivent Financial for Lutherans boosted its position in shares of iShares Silver Trust by 4.3% in the third quarter. Thrivent Financial for Lutherans now owns 74,742 shares of the exchange traded fund’s stock worth $2,124,000 after acquiring an additional 3,088 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares Silver Trust by 2.0% in the third quarter. PNC Financial Services Group Inc. now owns 196,237 shares of the exchange traded fund’s stock worth $5,575,000 after acquiring an additional 3,901 shares during the last quarter. Commerce Bank boosted its position in shares of iShares Silver Trust by 11.6% in the third quarter. Commerce Bank now owns 20,293 shares of the exchange traded fund’s stock worth $577,000 after acquiring an additional 2,103 shares during the last quarter. Finally, King Luther Capital Management Corp acquired a new stake in shares of iShares Silver Trust in the third quarter worth approximately $286,000.

iShares Silver Trust Stock Performance

SLV opened at $30.02 on Friday. The company’s 50 day simple moving average is $29.05 and its 200 day simple moving average is $28.50. iShares Silver Trust has a 1 year low of $22.29 and a 1 year high of $31.80. The stock has a market capitalization of $14.36 billion, a PE ratio of -8.87 and a beta of 0.73.

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.