Orion Portfolio Solutions LLC Sells 4,343 Shares of iShares Silver Trust (NYSEARCA:SLV)

Orion Portfolio Solutions LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 14.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 24,788 shares of the exchange traded fund’s stock after selling 4,343 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares Silver Trust were worth $524,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SLV. Bleakley Financial Group LLC increased its stake in iShares Silver Trust by 27.5% during the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after acquiring an additional 397,836 shares during the last quarter. Simplicity Solutions LLC boosted its holdings in shares of iShares Silver Trust by 26.2% in the 4th quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after purchasing an additional 383,336 shares during the period. Commonwealth Equity Services LLC increased its position in shares of iShares Silver Trust by 27.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,601,570 shares of the exchange traded fund’s stock valued at $34,882,000 after purchasing an additional 343,004 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in iShares Silver Trust by 11.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock valued at $28,288,000 after buying an additional 132,729 shares during the period. Finally, Total Investment Management Inc. lifted its position in iShares Silver Trust by 4.6% in the fourth quarter. Total Investment Management Inc. now owns 1,039,110 shares of the exchange traded fund’s stock worth $22,632,000 after buying an additional 46,130 shares during the last quarter.

iShares Silver Trust Stock Up 4.2 %

NYSEARCA SLV opened at $28.55 on Friday. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $29.56. The firm has a market capitalization of $13.40 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The company has a fifty day moving average of $25.98 and a two-hundred day moving average of $23.11.

About iShares Silver Trust

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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