Signature Equity Partners LLC Trims Stock Holdings in iShares Silver Trust $SLV

Signature Equity Partners LLC reduced its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 88.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 3,619 shares of the exchange traded fund’s stock after selling 26,656 shares during the period. Signature Equity Partners LLC’s holdings in iShares Silver Trust were worth $247,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors purchased a new stake in iShares Silver Trust in the 4th quarter valued at about $30,000. Intesa Sanpaolo Wealth Management purchased a new position in shares of iShares Silver Trust during the fourth quarter worth approximately $32,000. Redwood Park Advisors LLC raised its stake in shares of iShares Silver Trust by 106.4% during the fourth quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 266 shares in the last quarter. Sfam LLC bought a new stake in shares of iShares Silver Trust during the fourth quarter valued at approximately $33,000. Finally, BOK Financial Private Wealth Inc. purchased a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $34,000.

iShares Silver Trust Stock Performance

Shares of NYSEARCA SLV opened at $52.06 on Friday. iShares Silver Trust has a 52-week low of $33.10 and a 52-week high of $109.83. The firm has a market capitalization of $27.81 billion, a price-to-earnings ratio of -8.51 and a beta of 0.49. The stock has a 50 day moving average price of $59.48 and a 200 day moving average price of $68.97.

iShares Silver Trust Company 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.