iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 64.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,351 shares of the exchange traded fund’s stock after selling 11,707 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Silver Trust were worth $167,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Quadrature Capital Ltd acquired a new position in shares of iShares Silver Trust during the third quarter valued at $91,122,000. Toronto Dominion Bank boosted its holdings in shares of iShares Silver Trust by 18.6% during the third quarter. Toronto Dominion Bank now owns 2,283,806 shares of the exchange traded fund’s stock valued at $64,883,000 after acquiring an additional 358,806 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares Silver Trust during the fourth quarter valued at $57,303,000. Proficio Capital Partners LLC boosted its holdings in shares of iShares Silver Trust by 715.2% during the fourth quarter. Proficio Capital Partners LLC now owns 2,118,545 shares of the exchange traded fund’s stock valued at $55,781,000 after acquiring an additional 1,858,658 shares during the period. Finally, Bank of Montreal Can boosted its holdings in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock valued at $54,854,000 after acquiring an additional 1,370,298 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV opened at $30.75 on Thursday. iShares Silver Trust has a 1 year low of $22.29 and a 1 year high of $31.80. The company has a market cap of $14.71 billion, a price-to-earnings ratio of -8.87 and a beta of 0.73. The firm has a fifty day moving average of $28.94 and a 200-day moving average of $28.44.

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.