iShares Silver Trust $SLV Shares Sold by Simmons Bank

Simmons Bank reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 43.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 32,749 shares of the exchange traded fund’s stock after selling 25,586 shares during the period. Simmons Bank’s holdings in iShares Silver Trust were worth $2,110,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. grew its position in iShares Silver Trust by 12.7% during 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 purchasing an additional 313,816 shares during the period. Ameriprise Financial Inc. grew its position in iShares Silver Trust by 27.3% during the 3rd 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. Mainstay Capital Management LLC ADV grew its position in iShares Silver Trust by 82.5% during the 4th 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 during the period. HighTower Advisors LLC grew its position in iShares Silver Trust by 5.7% during the 3rd 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 during the period. Finally, Envestnet Asset Management Inc. grew its position in iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock worth $69,743,000 after purchasing an additional 273,913 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV opened at $75.51 on Friday. iShares Silver Trust has a fifty-two week low of $29.09 and a fifty-two week high of $109.83. The company has a market capitalization of $42.74 billion, a P/E ratio of -8.51 and a beta of 0.45. The business’s 50-day moving average is $69.96 and its two-hundred day moving average is $66.58.

More iShares Silver Trust News

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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.

Further Reading

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

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