SBI Securities Co. Ltd. Decreases Stock Position in iShares Silver Trust $SLV

SBI Securities Co. Ltd. decreased its position in iShares Silver Trust (NYSEARCA:SLV) by 12.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,500 shares of the exchange traded fund’s stock after selling 18,903 shares during the quarter. SBI Securities Co. Ltd.’s holdings in iShares Silver Trust were worth $6,871,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. lifted its position in shares of iShares Silver Trust by 12.7% during the third quarter. Raymond James Financial Inc. now owns 2,786,172 shares of the exchange traded fund’s stock worth $118,050,000 after purchasing an additional 313,816 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after purchasing an additional 573,660 shares during the period. Bank of Montreal Can grew its holdings in iShares Silver Trust by 505.8% during the 4th quarter. Bank of Montreal Can now owns 2,218,970 shares of the exchange traded fund’s stock valued at $142,946,000 after purchasing an additional 1,852,688 shares in the last quarter. Tableaux LLC acquired a new stake in iShares Silver Trust during the 4th quarter valued at $133,233,000. Finally, Mainstay Capital Management LLC ADV increased its stake in iShares Silver Trust by 82.5% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,824,479 shares of the exchange traded fund’s stock worth $117,533,000 after buying an additional 824,589 shares during the period.

iShares Silver Trust Price Performance

iShares Silver Trust stock opened at $58.16 on Friday. iShares Silver Trust has a 12-month low of $33.85 and a 12-month high of $109.83. The company has a market capitalization of $31.06 billion, a price-to-earnings ratio of -8.51 and a beta of 0.50. The firm’s fifty day moving average price is $55.52 and its 200 day moving average price is $66.40.

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.