iShares Silver Trust (NYSEARCA:SLV) Shares Sold by Simmons Bank

Simmons Bank lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 13.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 63,628 shares of the exchange traded fund’s stock after selling 9,667 shares during the quarter. Simmons Bank’s holdings in iShares Silver Trust were worth $1,675,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sprott Inc. increased its holdings in shares of iShares Silver Trust by 2.6% in the fourth quarter. Sprott Inc. now owns 260,594 shares of the exchange traded fund’s stock valued at $6,861,000 after purchasing an additional 6,488 shares during the last quarter. Avalon Capital Management increased its holdings in shares of iShares Silver Trust by 55.1% in the fourth quarter. Avalon Capital Management now owns 46,077 shares of the exchange traded fund’s stock valued at $1,213,000 after purchasing an additional 16,376 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares Silver Trust by 29.8% in the fourth quarter. Bank of New York Mellon Corp now owns 760,146 shares of the exchange traded fund’s stock valued at $20,015,000 after purchasing an additional 174,501 shares during the last quarter. Acorn Wealth Advisors LLC increased its holdings in shares of iShares Silver Trust by 76.4% in the fourth quarter. Acorn Wealth Advisors LLC now owns 24,394 shares of the exchange traded fund’s stock valued at $642,000 after purchasing an additional 10,566 shares during the last quarter. Finally, BankPlus Trust Department acquired a new stake in shares of iShares Silver Trust in the fourth quarter valued at approximately $58,000.

iShares Silver Trust Stock Performance

NYSEARCA:SLV opened at $28.94 on Thursday. iShares Silver Trust has a one year low of $20.45 and a one year high of $31.80. The stock has a market cap of $13.82 billion, a PE ratio of -8.33 and a beta of 0.74. The stock has a 50 day moving average price of $28.07 and a 200 day moving average price of $28.09.

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.