Fielder Capital Group LLC Has $5.83 Million Holdings in iShares Silver Trust $SLV

Fielder Capital Group LLC lowered its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 15.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,417 shares of the exchange traded fund’s stock after selling 16,757 shares during the quarter. iShares Silver Trust accounts for about 1.2% of Fielder Capital Group LLC’s holdings, making the stock its 23rd largest position. Fielder Capital Group LLC’s holdings in iShares Silver Trust were worth $5,825,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Sage Investment Advisers LLC acquired a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $434,000. Swisher Financial Concepts Inc. raised its holdings in shares of iShares Silver Trust by 2.2% during the fourth quarter. Swisher Financial Concepts Inc. now owns 17,583 shares of the exchange traded fund’s stock valued at $1,133,000 after acquiring an additional 378 shares during the period. SCS Capital Management LLC raised its holdings in shares of iShares Silver Trust by 9.0% during the fourth quarter. SCS Capital Management LLC now owns 16,949 shares of the exchange traded fund’s stock valued at $1,092,000 after acquiring an additional 1,406 shares during the period. Peapack Gladstone Financial Corp raised its holdings in shares of iShares Silver Trust by 39.5% during the fourth quarter. Peapack Gladstone Financial Corp now owns 9,113 shares of the exchange traded fund’s stock valued at $587,000 after acquiring an additional 2,580 shares during the period. Finally, Florida Financial Advisors LLC raised its holdings in shares of iShares Silver Trust by 54.2% during the fourth quarter. Florida Financial Advisors LLC now owns 43,059 shares of the exchange traded fund’s stock valued at $2,774,000 after acquiring an additional 15,131 shares during the period.

iShares Silver Trust Price Performance

SLV stock opened at $67.67 on Tuesday. The company’s 50 day simple moving average is $68.61 and its 200-day simple moving average is $68.66. iShares Silver Trust has a 52-week low of $30.72 and a 52-week high of $109.83. The firm has a market capitalization of $38.30 billion, a P/E ratio of -8.51 and a beta of 0.45.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.