Eqis Capital Management Inc. decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 7.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,364 shares of the exchange traded fund’s stock after selling 11,886 shares during the period. Eqis Capital Management Inc.’s holdings in iShares Silver Trust were worth $2,175,000 at the end of the most recent reporting period.
Several other institutional investors have also recently modified their holdings of SLV. Marshall Wace LLP bought a new position in shares of iShares Silver Trust in the 3rd quarter valued at about $5,462,000. Money Design Co. Ltd. lifted its stake in iShares Silver Trust by 3.0% in the fourth quarter. Money Design Co. Ltd. now owns 178,763 shares of the exchange traded fund’s stock worth $2,596,000 after purchasing an additional 5,183 shares during the last quarter. Glenmede Trust Co. NA bought a new stake in iShares Silver Trust in the third quarter worth about $210,000. Blue Bell Private Wealth Management LLC lifted its stake in iShares Silver Trust by 48.5% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 6,615 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 2,160 shares during the last quarter. Finally, Trust Co. of Vermont lifted its stake in iShares Silver Trust by 724.7% in the fourth quarter. Trust Co. of Vermont now owns 2,474 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 2,174 shares during the last quarter.
NYSEARCA SLV traded up $0.01 during trading on Friday, hitting $13.84. The stock had a trading volume of 3,083,540 shares, compared to its average volume of 7,634,073. iShares Silver Trust has a one year low of $13.11 and a one year high of $16.28.
TRADEMARK VIOLATION NOTICE: This report was posted by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this report on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this report can be viewed at https://www.baseballdailydigest.com/news/2019/05/11/ishares-silver-trust-slv-shares-sold-by-eqis-capital-management-inc.html.
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.
Read More: What are earnings reports?
Receive News & Ratings for iShares Silver Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Silver Trust and related companies with MarketBeat.com's FREE daily email newsletter.