iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Choreo LLC

Choreo LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 6.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,699 shares of the exchange traded fund’s stock after selling 1,880 shares during the period. Choreo LLC’s holdings in iShares Silver Trust were worth $744,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SLV. NWI Management LP lifted its stake in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after buying an additional 5,263,305 shares during the period. Meitav Investment House Ltd. acquired a new stake in shares of iShares Silver Trust during the second quarter worth $45,688,000. Cetera Investment Advisers boosted its holdings in shares of iShares Silver Trust by 842.7% during the first quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock worth $18,581,000 after purchasing an additional 730,121 shares during the last quarter. RIA Advisory Group LLC grew its position in shares of iShares Silver Trust by 3,532.2% in the first quarter. RIA Advisory Group LLC now owns 737,854 shares of the exchange traded fund’s stock valued at $16,786,000 after purchasing an additional 717,540 shares during the period. Finally, Caxton Associates LP acquired a new position in iShares Silver Trust in the first quarter valued at $10,506,000.

iShares Silver Trust Trading Up 2.8 %

Shares of NYSEARCA:SLV opened at $28.02 on Friday. The firm has a market cap of $13.15 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s 50-day moving average price is $26.46 and its two-hundred day moving average price is $25.74. iShares Silver Trust has a 12-month low of $18.97 and a 12-month high of $29.56.

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.