Stephens Consulting LLC Lowers Position in iShares Silver Trust (NYSEARCA:SLV)

Stephens Consulting LLC decreased its stake in iShares Silver Trust (NYSEARCA:SLV) by 59.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,374 shares of the exchange traded fund’s stock after selling 2,000 shares during the quarter. Stephens Consulting LLC’s holdings in iShares Silver Trust were worth $36,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SLV. Welch Group LLC raised its position in shares of iShares Silver Trust by 10.2% during the 4th quarter. Welch Group LLC now owns 21,892 shares of the exchange traded fund’s stock valued at $579,000 after purchasing an additional 2,030 shares during the period. Columbus Macro LLC raised its holdings in iShares Silver Trust by 42.5% during the fourth quarter. Columbus Macro LLC now owns 29,152 shares of the exchange traded fund’s stock valued at $768,000 after acquiring an additional 8,690 shares during the period. Financial Life Planners bought a new position in shares of iShares Silver Trust in the fourth quarter worth about $138,000. Wealthspan Partners LLC grew its position in shares of iShares Silver Trust by 5.8% during the fourth quarter. Wealthspan Partners LLC now owns 39,167 shares of the exchange traded fund’s stock worth $1,031,000 after purchasing an additional 2,137 shares in the last quarter. Finally, Lazari Capital Management Inc. raised its stake in iShares Silver Trust by 11.5% during the 4th quarter. Lazari Capital Management Inc. now owns 9,660 shares of the exchange traded fund’s stock valued at $254,000 after purchasing an additional 1,000 shares during the period.

iShares Silver Trust Trading Up 0.6 %

NYSEARCA SLV opened at $28.67 on Tuesday. iShares Silver Trust has a 12 month low of $20.11 and a 12 month high of $31.80. The stock’s 50 day moving average is $27.64 and its 200 day moving average is $27.67. The stock has a market cap of $13.46 billion, a PE ratio of -7.01 and a beta of 0.43.

iShares Silver Trust 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.