Arvest Investments Inc. Sells 2,551 Shares of iShares Silver Trust (NYSEARCA:SLV)

Arvest Investments Inc. lowered its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 66,311 shares of the exchange traded fund’s stock after selling 2,551 shares during the quarter. Arvest Investments Inc.’s holdings in iShares Silver Trust were worth $1,746,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Eagle Bay Advisors LLC bought a new position in iShares Silver Trust during the fourth quarter valued at about $25,000. McClarren Financial Advisors Inc. boosted its position in iShares Silver Trust by 3,471.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,000 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 972 shares during the period. Stonebridge Financial Group LLC bought a new position in iShares Silver Trust during the fourth quarter worth about $29,000. Smartleaf Asset Management LLC boosted its position in iShares Silver Trust by 671.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,281 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 1,115 shares during the period. Finally, Hantz Financial Services Inc. bought a new position in iShares Silver Trust during the fourth quarter worth about $35,000.

iShares Silver Trust Stock Down 0.3 %

Shares of NYSEARCA:SLV opened at $30.75 on Thursday. The firm has a market capitalization of $14.71 billion, a PE ratio of -8.87 and a beta of 0.73. iShares Silver Trust has a twelve month low of $22.29 and a twelve month high of $31.80. The company has a 50-day moving average price of $28.94 and a two-hundred day moving average price of $28.44.

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.