Teacher Retirement System of Texas Reduces Stake in iShares Silver Trust $SLV

Teacher Retirement System of Texas lessened its holdings in iShares Silver Trust (NYSEARCA:SLVFree Report) by 13.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 389,000 shares of the exchange traded fund’s stock after selling 61,000 shares during the period. Teacher Retirement System of Texas’ holdings in iShares Silver Trust were worth $16,482,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in iShares Silver Trust during the third quarter worth about $832,000. Benjamin Edwards Inc. lifted its holdings in iShares Silver Trust by 298.4% in the third quarter. Benjamin Edwards Inc. now owns 50,197 shares of the exchange traded fund’s stock valued at $2,127,000 after acquiring an additional 37,598 shares during the period. Continuum Advisory LLC purchased a new stake in iShares Silver Trust in the 3rd quarter worth approximately $524,000. Eagle Strategies LLC boosted its position in iShares Silver Trust by 728.4% in the 3rd quarter. Eagle Strategies LLC now owns 88,818 shares of the exchange traded fund’s stock worth $3,763,000 after purchasing an additional 78,097 shares in the last quarter. Finally, Florida Trust Wealth Management Co acquired a new stake in shares of iShares Silver Trust during the 3rd quarter worth approximately $260,000.

iShares Silver Trust News Summary

Here are the key news stories impacting iShares Silver Trust this week:

iShares Silver Trust Price Performance

NYSEARCA:SLV opened at $92.91 on Friday. The company has a 50 day moving average price of $63.15 and a 200-day moving average price of $47.60. iShares Silver Trust has a 1-year low of $26.57 and a 1-year high of $92.98. The firm has a market cap of $53.45 billion, a price-to-earnings 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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