M&T Bank Corp decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 40.8% during the 4th quarter, according to its most recent disclosure with the SEC. 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 owned 0.06% of iShares Silver Trust worth $3,073,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Valeo Financial Advisors LLC purchased a new position in iShares Silver Trust during the third quarter worth approximately $133,000. Bank of the Ozarks purchased a new position in iShares Silver Trust during the third quarter worth approximately $157,000. Sowell Financial Services LLC purchased a new position in iShares Silver Trust during the third quarter worth approximately $166,000. CFO4Life Group LLC purchased a new position in iShares Silver Trust during the third quarter worth approximately $174,000. Finally, Lenox Wealth Management Inc. raised its stake in iShares Silver Trust by 66.7% during the third quarter. Lenox Wealth Management Inc. now owns 11,246 shares of the exchange traded fund’s stock worth $177,000 after purchasing an additional 4,500 shares during the period.
iShares Silver Trust (SLV) opened at $15.91 on Thursday. The firm has a market cap of $5,300.00 and a P/E ratio of -6.68. iShares Silver Trust has a one year low of $14.44 and a one year high of $17.59.
COPYRIGHT VIOLATION NOTICE: “iShares Silver Trust (SLV) Position Lessened by M&T Bank Corp” was published by Week Herald and is the sole property of of Week Herald. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://weekherald.com/2018/02/15/ishares-silver-trust-slv-position-lessened-by-mt-bank-corp.html.
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.
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.