iShares Silver Trust $SLV Shares Sold by Stevens Capital Management LP

Stevens Capital Management LP reduced its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 47.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,600 shares of the exchange traded fund’s stock after selling 42,500 shares during the period. Stevens Capital Management LP’s holdings in iShares Silver Trust were worth $2,017,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Raymond James Financial Inc. boosted its stake in iShares Silver Trust by 1.0% during the second quarter. Raymond James Financial Inc. now owns 2,472,356 shares of the exchange traded fund’s stock worth $81,118,000 after buying an additional 25,584 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of iShares Silver Trust by 1.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,023,406 shares of the exchange traded fund’s stock worth $85,732,000 after acquiring an additional 26,710 shares during the last quarter. HighTower Advisors LLC raised its holdings in shares of iShares Silver Trust by 5.7% during the 3rd quarter. HighTower Advisors LLC now owns 1,750,124 shares of the exchange traded fund’s stock worth $74,153,000 after acquiring an additional 94,521 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of iShares Silver Trust by 20.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,646,056 shares of the exchange traded fund’s stock valued at $69,743,000 after acquiring an additional 273,913 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares Silver Trust by 4.5% in the second quarter. Cetera Investment Advisers now owns 1,290,663 shares of the exchange traded fund’s stock valued at $42,347,000 after purchasing an additional 55,180 shares during the period.

iShares Silver Trust Trading Up 7.9%

iShares Silver Trust stock opened at $76.62 on Friday. The company has a 50-day moving average price of $74.30 and a 200 day moving average price of $53.62. iShares Silver Trust has a 12-month low of $26.57 and a 12-month high of $109.83. The stock has a market cap of $42.18 billion, a P/E ratio of -8.51 and a beta of 0.38.

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.