Personal CFO Solutions LLC Has $1.10 Million Stock Holdings in iShares Silver Trust $SLV
by Michael Walen · The Markets DailyPersonal CFO Solutions LLC decreased its position in shares of iShares Silver Trust (NYSEARCA:SLV – Free Report) by 41.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,091 shares of the exchange traded fund’s stock after selling 11,977 shares during the period. Personal CFO Solutions LLC’s holdings in iShares Silver Trust were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in SLV. Quadrature Capital Ltd boosted its position in iShares Silver Trust by 1,691.5% in the third quarter. Quadrature Capital Ltd now owns 960,353 shares of the exchange traded fund’s stock valued at $40,681,000 after buying an additional 906,747 shares in the last quarter. Mainstay Capital Management LLC ADV boosted its position in iShares Silver Trust by 478.6% in the third quarter. Mainstay Capital Management LLC ADV now owns 999,890 shares of the exchange traded fund’s stock valued at $42,365,000 after buying an additional 827,089 shares in the last quarter. Briaud Financial Planning Inc boosted its position in iShares Silver Trust by 5,493.2% in the third quarter. Briaud Financial Planning Inc now owns 621,064 shares of the exchange traded fund’s stock valued at $26,314,000 after buying an additional 609,960 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares Silver Trust by 27.3% in the third quarter. Ameriprise Financial Inc. now owns 2,676,218 shares of the exchange traded fund’s stock valued at $113,391,000 after buying an additional 573,660 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new stake in iShares Silver Trust in the second quarter valued at approximately $17,597,000.
iShares Silver Trust Price Performance
Shares of iShares Silver Trust stock opened at $67.47 on Thursday. iShares Silver Trust has a fifty-two week low of $27.45 and a fifty-two week high of $109.83. The firm has a market capitalization of $38.19 billion, a P/E ratio of -8.51 and a beta of 0.45. The company’s 50 day moving average price is $72.45 and its two-hundred day moving average price is $61.92.
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. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.
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