iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Sound Income Strategies LLC

Sound Income Strategies LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,896 shares of the exchange traded fund’s stock after selling 580 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares Silver Trust were worth $155,000 at the end of the most recent reporting period.

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

iShares Silver Trust Stock Up 0.5 %

Shares of iShares Silver Trust stock opened at $27.91 on Friday. iShares Silver Trust has a 12-month low of $20.11 and a 12-month high of $31.80. The firm has a market capitalization of $13.10 billion, a PE ratio of -7.01 and a beta of 0.43. The stock’s fifty day moving average is $27.64 and its 200-day moving average is $27.67.

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.