Aviance Capital Partners LLC Cuts Position in iShares Silver Trust $SLV

Aviance Capital Partners LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 63.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,688 shares of the exchange traded fund’s stock after selling 18,500 shares during the quarter. Aviance Capital Partners LLC’s holdings in iShares Silver Trust were worth $689,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in SLV. Teacher Retirement System of Texas grew 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 grew 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. Mainstay Capital Management LLC ADV grew its holdings 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 valued at $42,365,000 after buying an additional 827,089 shares during the last quarter. Briaud Financial Planning Inc grew its holdings in shares of iShares Silver Trust by 5,493.2% during the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after buying an additional 609,960 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of 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 valued at $113,391,000 after buying an additional 573,660 shares during the last quarter.

iShares Silver Trust Trading Down 4.3%

Shares of SLV stock opened at $66.90 on Wednesday. iShares Silver Trust has a 12-month low of $29.50 and a 12-month high of $109.83. The firm’s 50 day moving average is $69.57 and its 200 day moving average is $67.13. The stock has a market capitalization of $37.87 billion, a P/E ratio of -8.51 and a beta of 0.45.

Key Headlines Impacting iShares Silver Trust

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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. 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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