AlphaStar Capital Management LLC Sells 6,329 Shares of iShares Silver Trust (NYSEARCA:SLV)

AlphaStar Capital Management LLC reduced its stake in iShares Silver Trust (NYSEARCA:SLV) by 29.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,071 shares of the exchange traded fund’s stock after selling 6,329 shares during the period. AlphaStar Capital Management LLC’s holdings in iShares Silver Trust were worth $397,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Alpha Financial Partners LLC lifted its holdings in shares of iShares Silver Trust by 237.9% in the 3rd quarter. Alpha Financial Partners LLC now owns 33,184 shares of the exchange traded fund’s stock worth $943,000 after purchasing an additional 23,364 shares in the last quarter. CWM LLC raised its holdings in iShares Silver Trust by 23.0% during the third quarter. CWM LLC now owns 116,681 shares of the exchange traded fund’s stock worth $3,315,000 after buying an additional 21,810 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of iShares Silver Trust by 38.7% in the third quarter. UMB Bank n.a. now owns 10,760 shares of the exchange traded fund’s stock valued at $306,000 after buying an additional 3,000 shares in the last quarter. Kings Path Partners LLC grew its holdings in shares of iShares Silver Trust by 16.7% during the third quarter. Kings Path Partners LLC now owns 7,000 shares of the exchange traded fund’s stock valued at $199,000 after buying an additional 1,000 shares during the last quarter. Finally, Professional Financial Advisors LLC increased its position in shares of iShares Silver Trust by 3.8% during the third quarter. Professional Financial Advisors LLC now owns 48,297 shares of the exchange traded fund’s stock worth $1,372,000 after acquiring an additional 1,786 shares in the last quarter.

iShares Silver Trust Price Performance

SLV opened at $29.03 on Monday. iShares Silver Trust has a fifty-two week low of $20.11 and a fifty-two week high of $31.80. The firm has a market capitalization of $13.63 billion, a PE ratio of -7.01 and a beta of 0.43. The company’s 50-day moving average is $27.77 and its 200 day moving average is $27.75.

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.