iShares Silver Trust (NYSEARCA:SLV) Stake Lessened by Guidance Capital Inc.

Guidance Capital Inc. lowered its holdings in iShares Silver Trust (NYSEARCA:SLV) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 182,424 shares of the exchange traded fund’s stock after selling 3,504 shares during the period. iShares Silver Trust makes up 1.6% of Guidance Capital Inc.’s portfolio, making the stock its 11th biggest position. Guidance Capital Inc.’s holdings in iShares Silver Trust were worth $5,091,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Quadrature Capital Ltd purchased a new stake in shares of iShares Silver Trust during the third quarter worth $91,122,000. Bank of Montreal Can raised its holdings in shares of iShares Silver Trust by 258.4% during the third quarter. Bank of Montreal Can now owns 1,900,679 shares of the exchange traded fund’s stock worth $54,854,000 after acquiring an additional 1,370,298 shares in the last quarter. DRW Securities LLC raised its holdings in shares of iShares Silver Trust by 1,019.8% during the third quarter. DRW Securities LLC now owns 689,813 shares of the exchange traded fund’s stock worth $19,598,000 after acquiring an additional 764,813 shares in the last quarter. RIA Advisory Group LLC purchased a new stake in shares of iShares Silver Trust during the third quarter worth $20,773,000. Finally, International Assets Investment Management LLC raised its holdings in shares of iShares Silver Trust by 3,449.3% during the third quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock worth $15,336,000 after acquiring an additional 524,609 shares in the last quarter.

iShares Silver Trust Trading Up 1.9 %

Shares of NYSEARCA:SLV opened at $29.22 on Wednesday. iShares Silver Trust has a 1 year low of $20.11 and a 1 year high of $31.80. The business has a fifty day simple moving average of $27.67 and a 200 day simple moving average of $27.69. The firm has a market cap of $13.71 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43.

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.