iShares Silver Trust $SLV Shares Sold by Sound Income Strategies LLC

Sound Income Strategies LLC decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 39.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,284 shares of the exchange traded fund’s stock after selling 9,828 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares Silver Trust were worth $1,041,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Tableaux LLC acquired a new position in iShares Silver Trust in the fourth quarter valued at $133,233,000. 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 grew its holdings 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 last quarter. Quadrature Capital Ltd grew its holdings 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 last quarter. Finally, Mainstay Capital Management LLC ADV grew its holdings 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 last quarter.

iShares Silver Trust Price Performance

Shares of SLV stock opened at $55.02 on Friday. The stock has a market capitalization of $29.39 billion, a PE ratio of -8.51 and a beta of 0.50. iShares Silver Trust has a 52-week low of $32.96 and a 52-week high of $109.83. The stock’s 50-day moving average price is $64.58 and its 200 day moving average price is $69.99.

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.