iShares Silver Trust $SLV Shares Sold by Bard Associates Inc.

Bard Associates Inc. lowered its stake in iShares Silver Trust (NYSEARCA:SLV) by 51.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,260 shares of the exchange traded fund’s stock after selling 9,819 shares during the period. Bard Associates Inc.’s holdings in iShares Silver Trust were worth $597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. raised its position in shares of 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 acquiring an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of 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 acquiring an additional 573,660 shares in the last quarter. Bank of Montreal Can raised its position in shares of iShares Silver Trust by 505.8% during the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after acquiring an additional 1,852,688 shares in the last quarter. Mainstay Capital Management LLC ADV raised its position in shares of 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 acquiring an additional 824,589 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of 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 acquiring an additional 94,521 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $61.29 on Friday. iShares Silver Trust has a fifty-two week low of $32.06 and a fifty-two week high of $109.83. The firm has a market capitalization of $34.69 billion, a PE ratio of -8.51 and a beta of 0.45. The stock’s 50-day simple moving average is $68.35 and its 200-day simple moving average is $69.53.

iShares Silver Trust Company 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.