iShares Silver Trust $SLV Holdings Trimmed by Clear Street Group Inc.

Clear Street Group Inc. trimmed its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 53.6% during the 4th quarter, HoldingsChannel reports. The firm owned 16,979 shares of the exchange traded fund’s stock after selling 19,576 shares during the quarter. Clear Street Group Inc.’s holdings in iShares Silver Trust were worth $1,094,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SLV. Brighton Jones LLC grew its position in iShares Silver Trust by 9.2% during the 4th quarter. Brighton Jones LLC now owns 18,858 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 1,595 shares in the last quarter. Bison Wealth LLC purchased a new position in iShares Silver Trust during the 4th quarter worth approximately $238,000. Capstone Wealth Management Group LLC purchased a new position in iShares Silver Trust during the 1st quarter worth approximately $443,000. Schnieders Capital Management LLC. grew its position in iShares Silver Trust by 15.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 9,975 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 1,300 shares in the last quarter. Finally, First Trust Advisors LP purchased a new position in iShares Silver Trust during the 2nd quarter worth approximately $886,000.

iShares Silver Trust Stock Performance

NYSEARCA SLV opened at $61.29 on Monday. iShares Silver Trust has a twelve month low of $32.06 and a twelve month high of $109.83. The stock has a market cap of $34.69 billion, a price-to-earnings ratio of -8.51 and a beta of 0.45. The firm’s 50 day moving average price is $68.35 and its two-hundred day moving average price is $69.69.

About iShares Silver Trust

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.