iShares Silver Trust $SLV Shares Sold by Keel Point LLC

Keel Point LLC reduced its position in iShares Silver Trust (NYSEARCA:SLV) by 9.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 145,401 shares of the exchange traded fund’s stock after selling 15,274 shares during the period. iShares Silver Trust accounts for about 0.7% of Keel Point LLC’s portfolio, making the stock its 27th biggest position. Keel Point LLC’s holdings in iShares Silver Trust were worth $9,908,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also made changes to their positions in SLV. Brighton Jones LLC lifted its holdings in shares of iShares Silver Trust by 9.2% during the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock valued at $497,000 after purchasing an additional 1,595 shares during the last quarter. Bison Wealth LLC purchased a new position in iShares Silver Trust during the 4th quarter worth $238,000. Capstone Wealth Management Group LLC purchased a new position in iShares Silver Trust during the 1st quarter worth $443,000. Schnieders Capital Management LLC. increased its position in iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 1,300 shares in the last quarter. Finally, First Trust Advisors LP acquired a new position in iShares Silver Trust during the 2nd quarter valued at about $886,000.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $52.36 on Friday. The stock has a 50-day moving average of $57.53 and a two-hundred day moving average of $68.20. iShares Silver Trust has a one year low of $33.10 and a one year high of $109.83. The stock has a market cap of $27.97 billion, a PE ratio of -8.51 and a beta of 0.49.

About iShares Silver Trust

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.