iShares Silver Trust (NYSEARCA:SLV) Holdings Trimmed by Ballew Advisors Inc

Ballew Advisors Inc cut its holdings in shares of iShares Silver Trust (NYSEARCA:SLV) by 16.7% in the 4th quarter, Holdings Channel reports. The firm owned 25,000 shares of the exchange traded fund’s stock after selling 5,000 shares during the period. Ballew Advisors Inc’s holdings in iShares Silver Trust were worth $524,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BNP Paribas Arbitrage SA lifted its position in shares of iShares Silver Trust by 5.9% in the first quarter. BNP Paribas Arbitrage SA now owns 3,850,025 shares of the exchange traded fund’s stock worth $88,089,000 after purchasing an additional 213,612 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of iShares Silver Trust by 48.0% during the 1st quarter. Wellington Management Group LLP now owns 2,711,172 shares of the exchange traded fund’s stock worth $62,032,000 after acquiring an additional 879,524 shares in the last quarter. Osaic Holdings Inc. lifted its position in iShares Silver Trust by 24.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,503,750 shares of the exchange traded fund’s stock worth $31,499,000 after acquiring an additional 295,444 shares during the last quarter. Simplicity Solutions LLC grew its position in shares of iShares Silver Trust by 0.5% in the third quarter. Simplicity Solutions LLC now owns 1,462,564 shares of the exchange traded fund’s stock valued at $28,196,000 after purchasing an additional 6,869 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its stake in shares of iShares Silver Trust by 1.6% in the second quarter. Bleakley Financial Group LLC now owns 1,455,814 shares of the exchange traded fund’s stock worth $28,655,000 after purchasing an additional 22,563 shares during the period.

iShares Silver Trust Price Performance

NYSEARCA:SLV traded up $0.24 during mid-day trading on Thursday, hitting $22.75. 29,090,696 shares of the company’s stock traded hands, compared to its average volume of 17,383,336. The firm has a 50 day moving average of $21.44 and a two-hundred day moving average of $21.31. iShares Silver Trust has a 12 month low of $18.97 and a 12 month high of $23.94.

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.