Stephens Inc. AR cut its stake in iShares Silver Trust (NYSEARCA:SLV – Free Report) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,958 shares of the exchange traded fund’s stock after selling 5,394 shares during the period. Stephens Inc. AR’s holdings in iShares Silver Trust were worth $2,177,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of SLV. Yong Rong HK Asset Management Ltd bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $10,890,000. Bleakley Financial Group LLC raised its stake in shares of iShares Silver Trust by 27.5% in the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after acquiring an additional 397,836 shares during the last quarter. Simplicity Solutions LLC raised its stake in shares of iShares Silver Trust by 26.2% in the fourth quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after acquiring an additional 383,336 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of iShares Silver Trust by 27.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock worth $34,882,000 after acquiring an additional 343,004 shares during the last quarter. Finally, Cibc World Markets Corp acquired a new stake in shares of iShares Silver Trust during the 4th quarter worth approximately $7,351,000.
iShares Silver Trust Price Performance
Shares of NYSEARCA:SLV opened at $26.67 on Friday. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56. The company has a 50 day moving average of $26.18 and a 200-day moving average of $23.19. The stock has a market cap of $12.52 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.
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.
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