iShares Silver Trust (NYSEARCA:SLV) Shares Sold by PFG Investments LLC

PFG Investments LLC reduced its stake in iShares Silver Trust (NYSEARCA:SLV) by 9.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,768 shares of the exchange traded fund’s stock after selling 3,404 shares during the period. PFG Investments LLC’s holdings in iShares Silver Trust were worth $889,000 as of its most recent SEC filing.

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

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $27.63 on Wednesday. The stock has a market cap of $12.97 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a 1 year low of $20.11 and a 1 year high of $31.80. The business has a fifty day moving average of $27.61 and a 200-day moving average of $27.65.

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.