Arvest Investments Inc. Sells 38,822 Shares of iShares Silver Trust $SLV

Arvest Investments Inc. lowered its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 63.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,916 shares of the exchange traded fund’s stock after selling 38,822 shares during the quarter. Arvest Investments Inc.’s holdings in iShares Silver Trust were worth $1,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Quadrature Capital Ltd raised its holdings in iShares Silver Trust by 1,691.5% in the 3rd quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock worth $40,681,000 after purchasing an additional 906,747 shares during the period. Mainstay Capital Management LLC ADV raised its stake in shares of iShares Silver Trust by 478.6% in the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after buying an additional 827,089 shares during the period. 1832 Asset Management L.P. bought a new position in shares of iShares Silver Trust in the second quarter worth about $26,643,000. Briaud Financial Planning Inc lifted its position in shares of iShares Silver Trust by 5,493.2% during the 3rd quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after buying an additional 609,960 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of iShares Silver Trust by 27.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after buying an additional 573,660 shares in the last quarter.

iShares Silver Trust Stock Performance

iShares Silver Trust stock opened at $65.79 on Friday. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83. The firm has a market capitalization of $36.22 billion, a price-to-earnings ratio of -8.51 and a beta of 0.38. The firm has a 50 day moving average of $74.57 and a 200 day moving average of $61.17.

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. 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.