iShares Silver Trust $SLV Shares Sold by Compass Ion Advisors LLC

Compass Ion Advisors LLC cut its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 19.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 6,171 shares of the exchange traded fund’s stock after selling 1,502 shares during the period. Compass Ion Advisors LLC’s holdings in iShares Silver Trust were worth $202,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Farther Finance Advisors LLC grew its holdings in shares of iShares Silver Trust by 674.1% in the second quarter. Farther Finance Advisors LLC now owns 65,511 shares of the exchange traded fund’s stock valued at $2,149,000 after purchasing an additional 57,048 shares during the period. Silver Oak Securities Incorporated grew its holdings in shares of iShares Silver Trust by 21.8% in the second quarter. Silver Oak Securities Incorporated now owns 42,685 shares of the exchange traded fund’s stock valued at $1,400,000 after purchasing an additional 7,653 shares during the period. Adirondack Trust Co. grew its holdings in shares of iShares Silver Trust by 28.1% in the second quarter. Adirondack Trust Co. now owns 5,313 shares of the exchange traded fund’s stock valued at $174,000 after purchasing an additional 1,164 shares during the period. Bell Bank purchased a new stake in shares of iShares Silver Trust in the second quarter valued at about $209,000. Finally, Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Silver Trust in the second quarter valued at about $162,217,000.

iShares Silver Trust Trading Up 2.8%

Shares of SLV opened at $39.04 on Monday. iShares Silver Trust has a 12-month low of $26.19 and a 12-month high of $39.12. The firm has a 50-day moving average price of $35.58 and a 200 day moving average price of $32.47. The firm has a market capitalization of $20.96 billion, a P/E ratio of -8.51 and a beta of 0.59.

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.