Banco Bilbao Vizcaya Argentaria S.A. Decreases Stock Position in iShares Silver Trust $SLV

Banco Bilbao Vizcaya Argentaria S.A. lessened its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 16.7% in the 2nd quarter, Holdings Channel reports. The firm owned 450,000 shares of the exchange traded fund’s stock after selling 90,112 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in iShares Silver Trust were worth $14,715,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Prosperity Consulting Group LLC boosted its stake in iShares Silver Trust by 1.5% during the second quarter. Prosperity Consulting Group LLC now owns 20,161 shares of the exchange traded fund’s stock valued at $661,000 after buying an additional 293 shares during the last quarter. Clear Harbor Asset Management LLC raised its holdings in shares of iShares Silver Trust by 1.0% during the 2nd quarter. Clear Harbor Asset Management LLC now owns 29,760 shares of the exchange traded fund’s stock worth $976,000 after acquiring an additional 300 shares in the last quarter. Financial Management Professionals Inc. raised its holdings in shares of iShares Silver Trust by 37.6% during the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 302 shares in the last quarter. Revisor Wealth Management LLC boosted its position in shares of iShares Silver Trust by 1.7% during the 2nd quarter. Revisor Wealth Management LLC now owns 18,013 shares of the exchange traded fund’s stock valued at $608,000 after acquiring an additional 306 shares during the last quarter. Finally, Sound View Wealth Advisors Group LLC grew its holdings in shares of iShares Silver Trust by 0.7% in the second quarter. Sound View Wealth Advisors Group LLC now owns 48,622 shares of the exchange traded fund’s stock valued at $1,595,000 after purchasing an additional 336 shares in the last quarter.

iShares Silver Trust Stock Down 3.1%

iShares Silver Trust stock opened at $45.96 on Friday. iShares Silver Trust has a 52-week low of $26.19 and a 52-week high of $49.25. The firm’s fifty day moving average is $42.99 and its 200 day moving average is $36.48. The company has a market cap of $24.76 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38.

iShares Silver Trust Profile

(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.

Further Reading

Want to see what other hedge funds are holding SLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Silver Trust (NYSEARCA:SLVFree Report).

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

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