Matrix Trust Co Sells 13,328 Shares of iShares Silver Trust $SLV

Matrix Trust Co decreased its stake in iShares Silver Trust (NYSEARCA:SLVFree Report) by 86.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,063 shares of the exchange traded fund’s stock after selling 13,328 shares during the quarter. Matrix Trust Co’s holdings in iShares Silver Trust were worth $133,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Quadrature Capital Ltd lifted 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 valued at $40,681,000 after acquiring an additional 906,747 shares during the period. Guggenheim Capital LLC grew its holdings in shares of iShares Silver Trust by 1,557.6% in the 2nd quarter. Guggenheim Capital LLC now owns 914,527 shares of the exchange traded fund’s stock worth $30,006,000 after purchasing an additional 859,355 shares during the last quarter. Mainstay Capital Management LLC ADV grew its holdings in shares of iShares Silver Trust by 478.6% in the 3rd quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock worth $42,365,000 after purchasing an additional 827,089 shares during the last quarter. 1832 Asset Management L.P. acquired a new stake in shares of iShares Silver Trust during the 2nd quarter worth about $26,643,000. Finally, Briaud Financial Planning Inc lifted its holdings in iShares Silver Trust by 5,493.2% during the 3rd quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after purchasing an additional 609,960 shares during the last quarter.

Key Stories Impacting iShares Silver Trust

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iShares Silver Trust Stock Down 6.8%

NYSEARCA:SLV opened at $60.77 on Friday. The firm has a market cap of $33.45 billion, a PE ratio of -8.51 and a beta of 0.38. iShares Silver Trust has a 12 month low of $26.57 and a 12 month high of $109.83. The company’s 50-day moving average price is $76.90 and its two-hundred day moving average price is $60.00.

About iShares Silver Trust

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Silver Trust (NYSEARCA:SLV)

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