Stevens Capital Management LP Decreases Position in iShares Silver Trust $SLV

Stevens Capital Management LP decreased its position in iShares Silver Trust (NYSEARCA:SLVFree Report) by 79.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,900 shares of the exchange traded fund’s stock after selling 37,700 shares during the period. Stevens Capital Management LP’s holdings in iShares Silver Trust were worth $638,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. increased its holdings in iShares Silver Trust by 12.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after acquiring an additional 313,816 shares during the last quarter. Ameriprise Financial Inc. boosted its position in iShares Silver Trust by 27.3% during the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock worth $113,391,000 after purchasing an additional 573,660 shares during the period. Commonwealth Equity Services LLC boosted its position in iShares Silver Trust by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after purchasing an additional 26,710 shares during the period. Mainstay Capital Management LLC ADV increased its stake in shares of iShares Silver Trust by 82.5% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after purchasing an additional 824,589 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of iShares Silver Trust by 5.7% in the third quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after purchasing an additional 94,521 shares in the last quarter.

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iShares Silver Trust Stock Down 0.0%

NYSEARCA SLV opened at $65.91 on Wednesday. The firm has a market cap of $37.31 billion, a P/E ratio of -8.51 and a beta of 0.45. The company’s 50 day moving average is $70.67 and its 200-day moving average is $65.13. iShares Silver Trust has a 12-month low of $29.09 and a 12-month high of $109.83.

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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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

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