iShares Silver Trust (NYSEARCA:SLV) Shares Sold by PFG Investments LLC

PFG Investments LLC cut its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 33,768 shares of the exchange traded fund’s stock after selling 3,404 shares during the quarter. PFG Investments LLC’s holdings in iShares Silver Trust were worth $889,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of SLV. Quadrature Capital Ltd acquired a new position in iShares Silver Trust during the third quarter worth about $91,122,000. Bank of Montreal Can grew its stake in shares of iShares Silver Trust by 258.4% in the 3rd quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after purchasing an additional 1,370,298 shares during the last quarter. DRW Securities LLC grew its stake in shares of iShares Silver Trust by 1,019.8% in the 3rd quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after purchasing an additional 764,813 shares during the last quarter. RIA Advisory Group LLC bought a new stake in shares of iShares Silver Trust in the 3rd quarter worth approximately $20,773,000. Finally, International Assets Investment Management LLC lifted its stake in iShares Silver Trust by 3,449.3% during the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after purchasing an additional 524,609 shares during the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $27.63 on Wednesday. The firm has a market cap of $12.97 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $20.11 and a 1 year high of $31.80. The firm’s 50 day moving average price is $27.61 and its two-hundred day moving average price is $27.65.

About iShares Silver Trust

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.