iShares Silver Trust $SLV Shares Sold by Arkos Global Advisors

Arkos Global Advisors lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 79.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,199 shares of the exchange traded fund’s stock after selling 68,336 shares during the period. Arkos Global Advisors’ holdings in iShares Silver Trust were worth $1,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in SLV. Bank of Montreal Can boosted its stake in shares of iShares Silver Trust by 505.8% during the fourth quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock worth $142,946,000 after buying an additional 1,852,688 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of iShares Silver Trust by 259.9% during the fourth quarter. Teacher Retirement System of Texas now owns 1,400,000 shares of the exchange traded fund’s stock worth $90,188,000 after buying an additional 1,011,000 shares during the period. Quadrature Capital Ltd boosted its stake in shares of 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 period. Mainstay Capital Management LLC ADV boosted its stake in shares of iShares Silver Trust by 478.6% during 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. Finally, Briaud Financial Planning Inc boosted its stake in shares of iShares Silver Trust by 5,493.2% during the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock worth $26,314,000 after buying an additional 609,960 shares during the period.

iShares Silver Trust Stock Performance

Shares of SLV opened at $61.29 on Friday. iShares Silver Trust has a fifty-two week low of $32.06 and a fifty-two week high of $109.83. The company has a market capitalization of $34.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The firm has a 50-day simple moving average of $68.35 and a 200-day simple moving average of $69.53.

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. 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.