Centaurus Financial Inc. Decreases Holdings in iShares Silver Trust $SLV

Centaurus Financial Inc. trimmed its holdings in shares of iShares Silver Trust (NYSEARCA:SLVFree Report) by 63.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,508 shares of the exchange traded fund’s stock after selling 39,372 shares during the period. Centaurus Financial Inc.’s holdings in iShares Silver Trust were worth $954,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SLV. Quadrature Capital Ltd increased its holdings in iShares Silver Trust by 1,691.5% during the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after buying an additional 906,747 shares during the last quarter. Guggenheim Capital LLC raised its position in iShares Silver Trust by 1,557.6% in the second quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock worth $30,006,000 after acquiring an additional 859,355 shares during the period. 1832 Asset Management L.P. purchased a new position in iShares Silver Trust in the second quarter valued at about $26,643,000. Ameriprise Financial Inc. boosted its stake in iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after acquiring an additional 573,660 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in shares of iShares Silver Trust during the 2nd quarter valued at approximately $17,597,000.

Key Headlines Impacting iShares Silver Trust

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iShares Silver Trust Stock Down 4.4%

Shares of SLV stock opened at $65.68 on Friday. The company has a 50 day moving average of $78.57 and a 200-day moving average of $59.11. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83. The firm has a market cap of $36.16 billion, a P/E ratio of -8.51 and a beta of 0.38.

iShares Silver Trust Company Profile

(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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.

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

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