Intellectus Partners LLC Has $2.07 Million Stock Position in iShares Silver Trust (NYSEARCA:SLV)

Intellectus Partners LLC reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 25.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,814 shares of the exchange traded fund’s stock after selling 33,082 shares during the period. Intellectus Partners LLC’s holdings in iShares Silver Trust were worth $2,065,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Bleakley Financial Group LLC grew its stake in shares of iShares Silver Trust by 27.5% during the fourth quarter. Bleakley Financial Group LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after buying an additional 397,836 shares during the last quarter. Simplicity Solutions LLC grew its stake in shares of iShares Silver Trust by 26.2% during the fourth quarter. Simplicity Solutions LLC now owns 1,845,900 shares of the exchange traded fund’s stock worth $40,204,000 after buying an additional 383,336 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of iShares Silver Trust by 11.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,298,815 shares of the exchange traded fund’s stock worth $28,288,000 after buying an additional 132,729 shares during the last quarter. Total Investment Management Inc. grew its stake in shares of iShares Silver Trust by 4.6% during the fourth quarter. Total Investment Management Inc. now owns 1,039,110 shares of the exchange traded fund’s stock worth $22,632,000 after buying an additional 46,130 shares during the last quarter. Finally, ARS Wealth Advisors Group LLC grew its stake in shares of iShares Silver Trust by 6.3% in the third quarter. ARS Wealth Advisors Group LLC now owns 490,416 shares of the exchange traded fund’s stock worth $9,975,000 after purchasing an additional 29,107 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock traded down $0.17 during trading on Friday, hitting $24.89. The company’s stock had a trading volume of 26,821,268 shares, compared to its average volume of 23,990,773. iShares Silver Trust has a 52 week low of $18.97 and a 52 week high of $27.24. The stock has a market cap of $11.81 billion, a price-to-earnings ratio of -7.62 and a beta of 0.46. The stock has a 50-day moving average price of $23.26 and a two-hundred day moving average price of $21.96.

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.