Centaurus Financial Inc. Decreases Stock Position in iShares Silver Trust $SLV

Centaurus Financial Inc. reduced its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 30.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,880 shares of the exchange traded fund’s stock after selling 26,778 shares during the quarter. Centaurus Financial Inc.’s holdings in iShares Silver Trust were worth $2,030,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Silver Trust during the 2nd quarter worth approximately $162,217,000. Meitav Investment House Ltd. increased its position in iShares Silver Trust by 5.4% during the second quarter. Meitav Investment House Ltd. now owns 2,972,600 shares of the exchange traded fund’s stock worth $97,589,000 after buying an additional 152,600 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of iShares Silver Trust by 127.3% in the first quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock worth $80,514,000 after acquiring an additional 1,460,084 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares Silver Trust by 1.0% in the second quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock worth $81,118,000 after acquiring an additional 25,584 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of iShares Silver Trust by 27.5% in the second quarter. Envestnet Asset Management Inc. now owns 1,372,143 shares of the exchange traded fund’s stock valued at $45,020,000 after acquiring an additional 295,575 shares in the last quarter.

iShares Silver Trust Stock Down 2.6%

SLV opened at $56.10 on Monday. The firm has a market cap of $30.22 billion, a P/E ratio of -8.51 and a beta of 0.38. The business’s fifty day simple moving average is $47.28 and its 200 day simple moving average is $39.50. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $58.56.

About iShares Silver Trust

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.