TB Alternative Assets Ltd. Sells 1,477 Shares of iShares Silver Trust (NYSEARCA:SLV)

TB Alternative Assets Ltd. trimmed its holdings in iShares Silver Trust (NYSEARCA:SLV) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,323 shares of the exchange traded fund’s stock after selling 1,477 shares during the quarter. TB Alternative Assets Ltd.’s holdings in iShares Silver Trust were worth $693,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SLV. Eagle Bay Advisors LLC acquired a new stake in iShares Silver Trust in the fourth quarter worth about $25,000. Spartan Fund Management Inc. acquired a new stake in shares of iShares Silver Trust during the 3rd quarter worth approximately $28,000. Jamison Private Wealth Management Inc. bought a new stake in shares of iShares Silver Trust during the third quarter worth approximately $31,000. Peoples Bank KS lifted its holdings in iShares Silver Trust by 334.5% in 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 period. Finally, Moisand Fitzgerald Tamayo LLC bought a new position in iShares Silver Trust in the third quarter valued at approximately $40,000.

iShares Silver Trust Stock Performance

SLV opened at $27.61 on Tuesday. The company has a fifty day moving average price of $27.63 and a two-hundred day moving average price of $27.68. The firm has a market capitalization of $12.96 billion, a PE ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 52 week low of $20.07 and a 52 week high of $31.80.

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.