iShares Silver Trust $SLV Stock Holdings Lowered by Allworth Financial LP

Allworth Financial LP cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 1.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,326 shares of the exchange traded fund’s stock after selling 1,306 shares during the period. Allworth Financial LP’s holdings in iShares Silver Trust were worth $2,504,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Center for Financial Planning Inc. acquired a new stake in shares of iShares Silver Trust during the 2nd quarter valued at $25,000. Highline Wealth Partners LLC purchased a new stake in shares of iShares Silver Trust during the second quarter valued at $26,000. Addison Advisors LLC acquired a new position in shares of iShares Silver Trust in the 2nd quarter valued at $31,000. Financial Management Professionals Inc. boosted its position in shares of iShares Silver Trust by 37.6% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,105 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 302 shares during the period. Finally, Trust Co. of Toledo NA OH purchased a new position in iShares Silver Trust in the 2nd quarter worth about $38,000.

iShares Silver Trust Trading Up 4.0%

NYSEARCA SLV opened at $48.32 on Thursday. iShares Silver Trust has a 1 year low of $26.19 and a 1 year high of $49.25. The company has a market cap of $26.03 billion, a PE ratio of -8.51 and a beta of 0.38. The stock’s 50-day moving average price is $42.60 and its two-hundred day moving average price is $36.30.

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.