iShares Silver Trust $SLV Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC decreased its holdings in iShares Silver Trust (NYSEARCA:SLV) by 13.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,322 shares of the exchange traded fund’s stock after selling 3,040 shares during the period. Capital Investment Advisors LLC’s holdings in iShares Silver Trust were worth $634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. LPL Financial LLC grew its stake in shares of iShares Silver Trust by 13.4% in the first quarter. LPL Financial LLC now owns 7,832,370 shares of the exchange traded fund’s stock worth $242,725,000 after acquiring an additional 924,353 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Silver Trust in the second quarter worth $162,217,000. Ameriprise Financial Inc. grew its stake in shares of iShares Silver Trust by 127.3% in the first quarter. Ameriprise Financial Inc. now owns 2,607,471 shares of the exchange traded fund’s stock worth $80,514,000 after acquiring an additional 1,460,084 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of iShares Silver Trust by 8.6% in the first quarter. Commonwealth Equity Services LLC now owns 2,105,854 shares of the exchange traded fund’s stock worth $65,260,000 after acquiring an additional 166,148 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares Silver Trust by 20.1% in the first quarter. Cetera Investment Advisers now owns 1,235,483 shares of the exchange traded fund’s stock worth $38,288,000 after acquiring an additional 207,050 shares in the last quarter.

iShares Silver Trust Stock Down 0.9%

NYSEARCA:SLV opened at $42.53 on Friday. The company has a fifty day simple moving average of $36.74 and a two-hundred day simple moving average of $33.14. The company has a market cap of $22.83 billion, a price-to-earnings ratio of -8.51 and a beta of 0.59. iShares Silver Trust has a 52 week low of $26.19 and a 52 week high of $43.59.

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.