Kestra Advisory Services LLC Sells 101,210 Shares of iShares Silver Trust $SLV

Kestra Advisory Services LLC lessened its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 21.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 377,159 shares of the exchange traded fund’s stock after selling 101,210 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Silver Trust were worth $25,700,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Tableaux LLC acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $133,233,000. Bank of Montreal Can raised its stake in iShares Silver Trust by 505.8% in the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after acquiring an additional 1,852,688 shares during the period. Teacher Retirement System of Texas lifted its holdings in iShares Silver Trust by 259.9% during the 4th 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 purchasing an additional 1,011,000 shares during the last quarter. Quadrature Capital Ltd lifted its holdings in iShares Silver Trust by 1,691.5% during the 3rd quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after purchasing an additional 906,747 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV boosted its position in 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 worth $42,365,000 after purchasing an additional 827,089 shares during the period.

iShares Silver Trust Trading Down 0.4%

Shares of NYSEARCA:SLV traded down $0.19 on Friday, hitting $53.95. The company had a trading volume of 11,709,494 shares, compared to its average volume of 59,922,551. iShares Silver Trust has a 1-year low of $33.10 and a 1-year high of $109.83. The stock has a market cap of $28.81 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49. The stock has a 50 day moving average price of $63.28 and a 200 day moving average price of $69.82.

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.