iShares Silver Trust (NYSEARCA:SLV) Shares Sold by M Holdings Securities Inc.

M Holdings Securities Inc. reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 17.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 39,023 shares of the exchange traded fund’s stock after selling 8,061 shares during the quarter. M Holdings Securities Inc.’s holdings in iShares Silver Trust were worth $1,109,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SLV. NWI Management LP raised its stake in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after purchasing an additional 5,263,305 shares during the period. Meitav Investment House Ltd. purchased a new position in shares of iShares Silver Trust in the second quarter valued at $45,688,000. RIA Advisory Group LLC acquired a new stake in iShares Silver Trust during the 3rd quarter valued at $20,773,000. Cetera Investment Advisers increased its stake in iShares Silver Trust by 842.7% during the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after buying an additional 730,121 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in iShares Silver Trust by 3,449.3% in the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after buying an additional 524,609 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $28.46 on Friday. iShares Silver Trust has a 1-year low of $20.07 and a 1-year high of $31.80. The company has a market capitalization of $13.36 billion, a PE ratio of -7.01 and a beta of 0.43. The business has a 50-day moving average of $28.98 and a 200-day moving average of $27.56.

iShares Silver Trust 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.