Biechele Royce Advisors reduced its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 3.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 393,873 shares of the exchange traded fund’s stock after selling 15,347 shares during the quarter. iShares Silver Trust comprises 4.1% of Biechele Royce Advisors’ holdings, making the stock its 10th biggest position. Biechele Royce Advisors owned 0.10% of iShares Silver Trust worth $6,270,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. North Star Investment Management Corp. acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth about $35,000. Weaver Consulting Group acquired a new position in shares of iShares Silver Trust during the 1st quarter worth about $31,000. Webster Bank N. A. acquired a new position in shares of iShares Silver Trust during the 3rd quarter worth about $43,000. Carroll Financial Associates Inc. grew its position in shares of iShares Silver Trust by 3,236.0% during the 2nd quarter. Carroll Financial Associates Inc. now owns 3,336 shares of the exchange traded fund’s stock worth $47,000 after buying an additional 3,236 shares during the period. Finally, Robinson Value Management Ltd. acquired a new position in shares of iShares Silver Trust during the 2nd quarter worth about $57,000.
iShares Silver Trust stock opened at $16.41 on Friday. iShares Silver Trust has a 1 year low of $13.11 and a 1 year high of $18.35. The business has a 50-day moving average of $16.71 and a 200-day moving average of $15.05.
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.
Further Reading: Support Level
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