iShares Silver Trust $SLV Shares Sold by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 2.3% during the second quarter, Holdings Channel reports. The firm owned 19,922 shares of the exchange traded fund’s stock after selling 475 shares during the period. AlphaStar Capital Management LLC’s holdings in iShares Silver Trust were worth $654,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in shares of iShares Silver Trust by 13.4% in the 1st quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock valued at $242,725,000 after purchasing an additional 924,353 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Silver Trust in the 2nd quarter valued at $162,217,000. Meitav Investment House Ltd. boosted its holdings in shares of iShares Silver Trust by 5.4% in the 2nd quarter. Meitav Investment House Ltd. now owns 2,972,600 shares of the exchange traded fund’s stock valued at $97,589,000 after purchasing an additional 152,600 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Silver Trust by 127.3% in the 1st quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock valued at $80,514,000 after purchasing an additional 1,460,084 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings in shares of iShares Silver Trust by 8.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,105,854 shares of the exchange traded fund’s stock valued at $65,260,000 after purchasing an additional 166,148 shares during the last quarter.

iShares Silver Trust Trading Down 0.7%

NYSEARCA:SLV opened at $44.01 on Friday. The firm has a market capitalization of $23.92 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The firm’s fifty day simple moving average is $41.19 and its 200 day simple moving average is $35.42. iShares Silver Trust has a twelve month low of $26.19 and a twelve month high of $49.25.

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.