iShares Silver Trust (SLV) Holdings Trimmed by M&T Bank Corp

M&T Bank Corp lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 40.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 192,171 shares of the exchange traded fund’s stock after selling 132,600 shares during the period. M&T Bank Corp’s holdings in iShares Silver Trust were worth $3,073,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of SLV. IFG Advisory LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter worth $210,000. Valeo Financial Advisors LLC acquired a new stake in shares of iShares Silver Trust in the third quarter worth $133,000. Bank of the Ozarks acquired a new stake in shares of iShares Silver Trust in the third quarter worth $157,000. Sowell Financial Services LLC acquired a new stake in shares of iShares Silver Trust in the third quarter worth $166,000. Finally, CFO4Life Group LLC acquired a new stake in shares of iShares Silver Trust in the third quarter worth $174,000.

Shares of iShares Silver Trust (NYSEARCA:SLV) opened at $15.91 on Thursday. iShares Silver Trust has a 52-week low of $14.44 and a 52-week high of $17.59. The stock has a market cap of $5,300.00 and a price-to-earnings ratio of -6.68.

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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.

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLV).

Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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