iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 20.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,856 shares of the exchange traded fund’s stock after selling 2,514 shares during the period. Pinnacle Bancorp Inc.’s holdings in iShares Silver Trust were worth $260,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Silver Trust during the fourth quarter worth approximately $25,000. Spartan Fund Management Inc. acquired a new position in iShares Silver Trust in the 3rd quarter valued at $28,000. Jamison Private Wealth Management Inc. acquired a new position in iShares Silver Trust in the 3rd quarter valued at $31,000. Key Client Fiduciary Advisors LLC raised its position in iShares Silver Trust by 91.6% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 5,187 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 2,480 shares during the last quarter. Finally, Peoples Bank KS lifted its stake in shares of iShares Silver Trust by 334.5% in the 3rd quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 970 shares during the period.

iShares Silver Trust Stock Up 2.8 %

Shares of NYSEARCA:SLV opened at $27.96 on Thursday. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80. The firm’s 50-day simple moving average is $27.68 and its 200-day simple moving average is $27.66. The company has a market cap of $13.12 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.