iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Evanson Asset Management LLC

Evanson Asset Management LLC lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 4.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 86,253 shares of the exchange traded fund’s stock after selling 4,301 shares during the quarter. Evanson Asset Management LLC’s holdings in iShares Silver Trust were worth $1,962,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SLV. Pineridge Advisors LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at $22,687,000. Yong Rong HK Asset Management Ltd acquired a new position in iShares Silver Trust during the 4th quarter valued at about $10,890,000. Bleakley Financial Group LLC grew 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 purchasing an additional 397,836 shares in the last quarter. Simplicity Solutions LLC increased its holdings in shares of iShares Silver Trust by 26.2% during the fourth quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock valued at $40,204,000 after purchasing an additional 383,336 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of iShares Silver Trust by 27.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock valued at $34,882,000 after purchasing an additional 343,004 shares in the last quarter.

iShares Silver Trust Trading Down 2.2 %

SLV traded down $0.60 on Tuesday, reaching $26.40. The company had a trading volume of 14,709,631 shares, compared to its average volume of 24,823,742. The company has a market capitalization of $12.39 billion, a P/E ratio of -7.01 and a beta of 0.43. The company has a fifty day moving average of $26.61 and a 200-day moving average of $23.56. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56.

About iShares Silver Trust

(Free Report)

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

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