Cercano Management LLC Sells 117,644 Shares of iShares Silver Trust $SLV

Cercano Management LLC decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 30.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 270,859 shares of the exchange traded fund’s stock after selling 117,644 shares during the period. Cercano Management LLC owned approximately 0.05% of iShares Silver Trust worth $8,887,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SLV. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Silver Trust in the 2nd quarter valued at about $162,217,000. Ameriprise Financial Inc. increased its position 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 purchasing an additional 1,460,084 shares during the last quarter. LPL Financial LLC raised its stake in iShares Silver Trust by 13.4% in the first quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock valued at $242,725,000 after purchasing an additional 924,353 shares in the last quarter. GLOBALT Investments LLC GA purchased a new stake in iShares Silver Trust in the second quarter valued at approximately $29,459,000. Finally, Yong Rong HK Asset Management Ltd lifted its position in iShares Silver Trust by 299.6% during the second quarter. Yong Rong HK Asset Management Ltd now owns 800,000 shares of the exchange traded fund’s stock valued at $26,248,000 after purchasing an additional 599,800 shares during the last quarter.

iShares Silver Trust Price Performance

SLV stock opened at $45.96 on Friday. The firm has a 50 day simple moving average of $42.99 and a two-hundred day simple moving average of $36.53. The stock has a market cap of $24.76 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a one year low of $26.19 and a one year high of $49.25.

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.