Main Street Financial Solutions LLC Sells 9,282 Shares of iShares Silver Trust (NYSEARCA:SLV)

Main Street Financial Solutions LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 15.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,593 shares of the exchange traded fund’s stock after selling 9,282 shares during the quarter. Main Street Financial Solutions LLC’s holdings in iShares Silver Trust were worth $1,437,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SLV. NWI Management LP raised its position in iShares Silver Trust by 10,526.6% in the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after purchasing an additional 5,263,305 shares during the last quarter. Meitav Investment House Ltd. acquired a new position in shares of iShares Silver Trust in the second quarter valued at approximately $45,688,000. Cetera Investment Advisers raised its holdings in iShares Silver Trust by 842.7% in the 1st quarter. Cetera Investment Advisers now owns 816,761 shares of the exchange traded fund’s stock valued at $18,581,000 after buying an additional 730,121 shares during the last quarter. International Assets Investment Management LLC raised its holdings in iShares Silver Trust by 3,449.3% in the 3rd quarter. International Assets Investment Management LLC now owns 539,818 shares of the exchange traded fund’s stock valued at $15,336,000 after buying an additional 524,609 shares during the last quarter. Finally, Caxton Associates LP acquired a new stake in iShares Silver Trust during the 1st quarter worth approximately $10,506,000.

iShares Silver Trust Price Performance

SLV opened at $27.61 on Thursday. The company’s 50 day moving average price is $28.75 and its two-hundred day moving average price is $27.42. The firm has a market capitalization of $12.96 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. iShares Silver Trust has a fifty-two week low of $20.07 and a fifty-two week high of $31.80.

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.