Brighton Jones LLC Sells 850 Shares of iShares Silver Trust (NYSEARCA:SLV)

Brighton Jones LLC lessened its position in shares of iShares Silver Trust (NYSEARCA:SLV) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,263 shares of the exchange traded fund’s stock after selling 850 shares during the period. Brighton Jones LLC’s holdings in iShares Silver Trust were worth $490,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. NWI Management LP boosted its position in iShares Silver Trust by 10,526.6% during the 1st quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock worth $120,878,000 after acquiring an additional 5,263,305 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of iShares Silver Trust by 1.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,875,896 shares of the exchange traded fund’s stock worth $53,294,000 after purchasing an additional 30,116 shares in the last quarter. Meitav Investment House Ltd. acquired a new position in iShares Silver Trust during the second quarter worth $45,688,000. SG Americas Securities LLC grew its position in iShares Silver Trust by 32.3% in the first quarter. SG Americas Securities LLC now owns 1,574,171 shares of the exchange traded fund’s stock valued at $35,812,000 after purchasing an additional 384,056 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in iShares Silver Trust by 17.8% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,352,014 shares of the exchange traded fund’s stock valued at $35,923,000 after buying an additional 204,606 shares during the last quarter.

iShares Silver Trust Price Performance

Shares of NYSEARCA SLV opened at $30.63 on Friday. The business has a 50-day moving average of $28.05 and a 200-day moving average of $27.07. The stock has a market capitalization of $14.38 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 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.