Gold Investment Management Ltd. Sells 1,044 Shares of iShares Silver Trust (NYSEARCA:SLV)

Gold Investment Management Ltd. trimmed its holdings in iShares Silver Trust (NYSEARCA:SLV) by 31.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,328 shares of the exchange traded fund’s stock after selling 1,044 shares during the period. Gold Investment Management Ltd.’s holdings in iShares Silver Trust were worth $66,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. AlphaMark Advisors LLC lifted its position in shares of iShares Silver Trust by 57.2% during the second quarter. AlphaMark Advisors LLC now owns 1,022 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 372 shares in the last quarter. Spartan Fund Management Inc. purchased a new position in shares of iShares Silver Trust in the third quarter worth $28,000. Triad Wealth Partners LLC bought a new stake in shares of iShares Silver Trust in the second quarter worth about $29,000. Jamison Private Wealth Management Inc. bought a new position in shares of iShares Silver Trust during the third quarter valued at approximately $31,000. Finally, Strategic Financial Concepts LLC purchased a new stake in iShares Silver Trust in the second quarter worth about $32,000.

iShares Silver Trust Price Performance

NYSEARCA:SLV traded down $0.34 during mid-day trading on Friday, hitting $28.77. 2,668,621 shares of the company’s stock were exchanged, compared to its average volume of 22,607,514. The business has a fifty day moving average price of $28.58 and a 200 day moving average price of $27.32. iShares Silver Trust has a one year low of $20.07 and a one year high of $31.80. The company has a market cap of $13.50 billion, a PE 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.