Sigma Planning Corp Sells 15,342 Shares of iShares Silver Trust $SLV

Sigma Planning Corp decreased its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 9.7% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 143,566 shares of the exchange traded fund’s stock after selling 15,342 shares during the quarter. Sigma Planning Corp’s holdings in iShares Silver Trust were worth $7,756,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Graney & King LLC boosted its position in shares of iShares Silver Trust by 17.7% during the first quarter. Graney & King LLC now owns 1,005 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 151 shares in the last quarter. New England Professional Planning Group Inc. grew its holdings in shares of iShares Silver Trust by 0.9% in the 1st quarter. New England Professional Planning Group Inc. now owns 17,774 shares of the exchange traded fund’s stock valued at $1,211,000 after buying an additional 161 shares during the period. Interactive Financial Advisors Inc. grew its holdings in shares of iShares Silver Trust by 2.5% in the 1st quarter. Interactive Financial Advisors Inc. now owns 6,685 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 164 shares during the period. Elevation Wealth Management LLC grew its holdings in shares of iShares Silver Trust by 0.9% in the 2nd quarter. Elevation Wealth Management LLC now owns 21,274 shares of the exchange traded fund’s stock valued at $1,138,000 after buying an additional 191 shares during the period. Finally, Endeavor Private Wealth Inc. increased its position in shares of iShares Silver Trust by 2.7% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 7,454 shares of the exchange traded fund’s stock valued at $399,000 after buying an additional 198 shares in the last quarter.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $48.72 on Monday. The company has a market capitalization of $26.22 billion, a PE ratio of -8.51 and a beta of 0.51. iShares Silver Trust has a 12 month low of $41.70 and a 12 month high of $109.83. The stock’s fifty day simple moving average is $57.01 and its 200 day simple moving average is $60.16.

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.