UMB Bank n.a. Sells 5,000 Shares of iShares Silver Trust (NYSEARCA:SLV)

UMB Bank n.a. lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 46.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,760 shares of the exchange traded fund’s stock after selling 5,000 shares during the period. UMB Bank n.a.’s holdings in iShares Silver Trust were worth $152,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SLV. Eagle Bay Advisors LLC bought a new position in shares of iShares Silver Trust in the 4th quarter worth about $25,000. Spartan Fund Management Inc. bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth approximately $28,000. Jamison Private Wealth Management Inc. purchased a new stake in shares of iShares Silver Trust in the 3rd quarter worth approximately $31,000. Key Client Fiduciary Advisors LLC increased 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 valued at $33,000 after buying an additional 2,480 shares in the last quarter. Finally, Peoples Bank KS raised its stake in iShares Silver Trust by 334.5% during the third quarter. Peoples Bank KS now owns 1,260 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 970 shares during the last quarter.

iShares Silver Trust Trading Down 1.0 %

NYSEARCA SLV opened at $27.77 on Friday. The stock’s fifty day moving average price is $27.63 and its 200-day moving average price is $27.68. The stock has a market cap of $13.03 billion, a P/E ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 12 month low of $20.11 and a 12 month high of $31.80.

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.