Eagle Strategies LLC Reduces Position in iShares Silver Trust (NYSEARCA:SLV)

Eagle Strategies LLC cut its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 10.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 151,846 shares of the exchange traded fund’s stock after selling 17,088 shares during the period. Eagle Strategies LLC’s holdings in iShares Silver Trust were worth $4,035,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. NWI Management LP grew its stake in iShares Silver Trust by 10,526.6% in the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after acquiring an additional 5,263,305 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in iShares Silver Trust by 16.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,845,780 shares of the exchange traded fund’s stock worth $49,042,000 after acquiring an additional 257,022 shares in the last quarter. Meitav Investment House Ltd. bought a new position in iShares Silver Trust in the 2nd quarter worth about $45,688,000. Simplicity Wealth LLC bought a new position in iShares Silver Trust in the 1st quarter worth about $37,183,000. Finally, SG Americas Securities LLC grew its stake in iShares Silver Trust by 32.3% in the 1st quarter. SG Americas Securities LLC now owns 1,574,171 shares of the exchange traded fund’s stock worth $35,812,000 after acquiring an additional 384,056 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $26.12 on Thursday. The company has a market capitalization of $12.26 billion, a P/E ratio of -7.01 and a beta of 0.43. The company’s 50-day simple moving average is $26.49 and its two-hundred day simple moving average is $25.68. iShares Silver Trust has a one year low of $18.97 and a one year high of $29.56.

iShares Silver Trust 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.