Bleakley Financial Group LLC Decreases Position in iShares Silver Trust $SLV

Bleakley Financial Group LLC decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 53.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 460,613 shares of the exchange traded fund’s stock after selling 520,423 shares during the period. Bleakley Financial Group LLC owned about 0.08% of iShares Silver Trust worth $31,386,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of SLV. Sarver Vrooman Wealth Advisors acquired a new position in iShares Silver Trust during the 4th quarter worth $30,000. Intesa Sanpaolo Wealth Management acquired a new stake in iShares Silver Trust in the 4th quarter valued at about $32,000. Rialto Wealth Management LLC purchased a new position in shares of iShares Silver Trust in the 4th quarter valued at about $33,000. Redwood Park Advisors LLC boosted its stake in shares of iShares Silver Trust by 106.4% in the 4th quarter. Redwood Park Advisors LLC now owns 516 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 266 shares during the period. Finally, Sfam LLC purchased a new position in shares of iShares Silver Trust in the 4th quarter valued at about $33,000.

iShares Silver Trust Stock Performance

Shares of iShares Silver Trust stock opened at $52.16 on Tuesday. The business has a 50-day simple moving average of $62.99 and a 200-day simple moving average of $69.78. iShares Silver Trust has a one year low of $33.10 and a one year high of $109.83. The company has a market cap of $27.86 billion, a PE ratio of -8.51 and a beta of 0.49.

iShares Silver Trust Company 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. 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.