Sigma Planning Corp Sells 142,225 Shares of iShares Silver Trust (NYSEARCA:SLV)

Sigma Planning Corp lessened its stake in iShares Silver Trust (NYSEARCA:SLV) by 67.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 69,785 shares of the exchange traded fund’s stock after selling 142,225 shares during the period. Sigma Planning Corp’s holdings in iShares Silver Trust were worth $1,520,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. First Command Advisory Services Inc. grew its position in shares of iShares Silver Trust by 17.2% in the 4th quarter. First Command Advisory Services Inc. now owns 31,315 shares of the exchange traded fund’s stock valued at $682,000 after buying an additional 4,591 shares during the last quarter. Zhang Financial LLC bought a new stake in shares of iShares Silver Trust in the 4th quarter valued at about $201,000. Obermeyer Wood Investment Counsel Lllp grew its position in shares of iShares Silver Trust by 40.5% in the 4th quarter. Obermeyer Wood Investment Counsel Lllp now owns 22,562 shares of the exchange traded fund’s stock valued at $491,000 after buying an additional 6,500 shares during the last quarter. Grant GrossMendelsohn LLC lifted its stake in shares of iShares Silver Trust by 4.4% in the 4th quarter. Grant GrossMendelsohn LLC now owns 12,100 shares of the exchange traded fund’s stock valued at $252,000 after purchasing an additional 505 shares during the period. Finally, Capital Analysts LLC boosted its position in shares of iShares Silver Trust by 2,273.5% during the 4th quarter. Capital Analysts LLC now owns 4,747 shares of the exchange traded fund’s stock valued at $103,000 after purchasing an additional 4,547 shares in the last quarter.

iShares Silver Trust Price Performance

Shares of iShares Silver Trust stock opened at $24.92 on Tuesday. iShares Silver Trust has a one year low of $18.97 and a one year high of $27.24. The stock’s 50-day moving average is $22.93 and its 200 day moving average is $21.84. The firm has a market cap of $11.82 billion, a price-to-earnings ratio of -7.62 and a beta of 0.46.

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.