iShares Silver Trust $SLV Shares Sold by Stephens Inc. AR

Stephens Inc. AR cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 21.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 128,161 shares of the exchange traded fund’s stock after selling 34,474 shares during the quarter. Stephens Inc. AR’s holdings in iShares Silver Trust were worth $8,866,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tableaux LLC acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at $133,233,000. Bank of Montreal Can increased its stake in shares of iShares Silver Trust by 505.8% in the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares during the period. Teacher Retirement System of Texas raised its holdings in shares of iShares Silver Trust by 259.9% during the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock valued at $90,188,000 after buying an additional 1,011,000 shares during the last quarter. Quadrature Capital Ltd raised its holdings in shares of iShares Silver Trust by 1,691.5% during the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after buying an additional 906,747 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its position in shares of iShares Silver Trust by 478.6% during the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after buying an additional 827,089 shares during the period.

iShares Silver Trust Price Performance

SLV stock traded down $1.04 on Tuesday, reaching $55.07. The company’s stock had a trading volume of 4,532,751 shares, compared to its average volume of 60,910,965. iShares Silver Trust has a 52 week low of $32.96 and a 52 week high of $109.83. The company has a market capitalization of $29.41 billion, a P/E ratio of -8.51 and a beta of 0.49. The firm has a fifty day moving average of $64.34 and a two-hundred day moving average of $70.06.

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. 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.